Reuters quoted sources as saying that Geely Automobile’s high-end electric vehicle (EV) brand, Zeekr, has relaunched its listing plans and intends to raise up to $500 million through an initial public offering (IPO) in New York.
The company suspended a plan to raise about $500 million through a listing in the United States last November, and Reuters quoted sources at the time as saying that the reason was a mismatch between investors’ and the company’s valuation expectations.
The report pointed out that Zeekr is currently holding non-deal roadshows with potential investors. In a response statement, Zeekr said that the company has publicly filed with the US Securities and Exchange Commission and is in the process of preparation.
