Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China

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EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.

Zeekr has filed for a public offering on the New York Stock Exchange, but hasn't yet shared a listing date.China News Service | China News Service | Getty Imagesin parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC on Wednesday.

That's according to data shared by Zeekr. Tesla did not immediately respond to a request for comment. Many Chinese companies riding the growth of electric cars in the fiercely competitive market at home are looking overseas as major countries encourage a shift away from traditional, fuel-powered vehicles. The rapid rise of Chinese electric car companies, however, has also prompted the EU and U.S. to consider measures for protecting their own auto industries.

On the sustainability front, Zeekr said it has a number of initiatives from factory solar power to car recycling, with long-term relationships with re-manufacturers and raw materials companies.

 

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