BEIJING, Feb. 14 (Xinhua) -- China's electric vehicle (EV) brand Zeekr announced the completion of round A financing of 750 million U.S. dollars, setting its valuation at 13 billion U.S. dollars, reported Xinhua-run China Securities Journal Monday.
It is learned that this round of financing was led by Amnon Shashua, the CEO and founder of autonomous driving technology company Mobileye, as well as Chinese battery giant CATL, Yuexiu Capital, Tongshang Capital, and an investment firm from Quzhou of Zhejiang Province.
Zeekr's funds raised this time will be mainly used for its research and development of products and technologies, for improving its global business development and users' experience. The five investors have rich industrial resources in their respective fields, especially in intelligent driving, power batteries, innovative materials, high-end equipment manufacturing, etc.
(Edited by Bao Nuomin with Xinhua Silk Road, baonuomin@xinhua.org)
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