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Zeekr

Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

by Anas Siddiqui
Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of the International Intelligent Vehicle Engineering Association. “When they run out …

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Jeep Worker Killed After Getting Crushed At Gladiator Assembly Plant

by Horatio Thompson
Jeep Worker Killed After Getting Crushed At Gladiator Assembly Plant

Good morning! It’s Thursday, August 21, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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EV maker Zeekr posts record revenue, boosts output to take on Tesla, domestic rivals

by Anas Siddiqui
EV maker Zeekr posts record revenue, boosts output to take on Tesla, domestic rivals

Revenue jumped 36 per cent to 20 billion yuan (US$2.8 billion) in the April to June quarter, compared with the first three months of 2024. The figure exceeded the company’s …

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Hong Kong is emerging as a key market and testing ground for Chinese EV makers. Here’s why

by Anas Siddiqui
Hong Kong is emerging as a key market and testing ground for Chinese EV makers. Here’s why

The market share of Chinese EV brands in Hong Kong nearly doubled to 30 per cent in June, from 16 per cent a year ago, amid an influx of carmakers …

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Zeekr Says It’s New Battery Fixes Range Anxiety, Charges From 10 to 80 Percent In 10.5 Minutes

by Horatio Thompson
Zeekr Says It’s New Battery Fixes Range Anxiety, Charges From 10 to 80 Percent In 10.5 Minutes

Zeekr 007Photo: Zeekr One of the biggest reasons people are hesitant to make the switch to electric vehicles is range anxiety and long charging times. Well, Chinese automaker Zeekr says …

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Geely’s Zeekr unit unveils ultra-fast-charging EV battery in China’s electrification race

by Anas Siddiqui
Geely’s Zeekr unit unveils ultra-fast-charging EV battery in China’s electrification race

Zeekr Intelligent Technology, the premium electric vehicle (EV) maker controlled by Geely Auto, has unveiled a new battery technology that can offer a car a nearly 500-kilometre (310-mile) range with …

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Ford Lost $100,000 On Every EV It Sold So Far This Year

by Horatio Thompson
Ford Lost 0,000 On Every EV It Sold So Far This Year

Good morning! It’s Monday, May 13, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Geely’s EV unit Zeekr raises US$441 million at top end of New York IPO price range in biggest Chinese stock offering since 2021

by Anas Siddiqui
Geely’s EV unit Zeekr raises US1 million at top end of New York IPO price range in biggest Chinese stock offering since 2021

Zeekr Intelligent Technology, the premium electric-vehicle (EV) unit controlled by Hong Kong-listed Geely Automobile, raised about US$441 million (HK$3.4 billion) after upsizing its stock offering in New York following strong …

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China EV price war: Tesla rival Li Auto says cheapest model yet to ‘bring you happiness’, will launch next week

by Anas Siddiqui
China EV price war: Tesla rival Li Auto says cheapest model yet to ‘bring you happiness’, will launch next week

Li Auto, Tesla’s nearest rival in mainland China, plans to launch a new, more economical model aimed at families amid a price war in the country’s electric vehicle (EV) market. …

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BYD chairman Wang Chuanfu expects sales growth to slow in 2024, banks on export surge to shore up profitability

by Anas Siddiqui
BYD chairman Wang Chuanfu expects sales growth to slow in 2024, banks on export surge to shore up profitability

BYD, the world’s largest electric-vehicle (EV) maker, is targeting a 20 per cent increase in sales this year, just a third of last year’s tally, as overcapacity concerns and a …

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