Previous close | 25.43 |
Open | 25.50 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 24.99 - 25.87 |
52-week range | 18.75 - 29.86 |
Volume | |
Avg. volume | 23,014 |
Market cap | 12.856B |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | 18.12 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.54 (2.10%) |
Ex-dividend date | 02 Jun 2023 |
1y target est | N/A |
(Bloomberg) -- Zeekr Intelligent Technology Holding Ltd., the high-end electric car brand under Zhejiang Geely Holding Group Co., sold shares in an expanded initial public offering at the top of a marketed range to fetch about $441 million, according to people familiar with the matter.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Ta
Chinese automaker Geely and Israeli auto safety technology startup Foretellix formed a strategic partnership to accelerate safe large-scale development of self-driving vehicles, the two companies said on Tuesday. Foretellix and Geely will collaborate to integrate Foretellix’s safety platform with Geely’s development and verification and validation flows and advanced simulator, they said in a joint statement. The platform will be used to automatically analyze driving logs from Geely's test vehicles and replay numerous variations in virtual simulation to maximize the utilization of physical drives, they said.
Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is accelerating efforts to produce more vehicles outside China in view of rising geopolitical tensions, its CEO said. Asked how Polestar is preparing for the possibility a European probe into Chinese-made EVs might lead to increased tariffs, Thomas Ingenlath said the automaker was exploring the idea of speeding up exporting the Polestar 3 made in South Carolina to the European Union. He said last year that the South Carolina plant, which started making Polestar cars this year, would supply both U.S. and European markets.