Announced
Completed
Financials
Sources
Tags
Friendly
Acquisition
Private Equity
Private
Completed
Automobiles
electric vehicles
China
Minority
Venture Capital
Single Bidder
Cross Border
Synopsis
Yuexiu Industrial Fund, an investment company, and Amnon Shashua, an Israeli computer scientist, led a $750m funding round in Zeekr, an electric car brand. Zeekr, which sells two purely electric car models, said that proceeds from the funding round will be used to support technology research and the global expansion of the Zeekr brand.
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