Zeekr set to take on BMW, Mercedes in China’s SUV segment, SCMP says
https://www.tipranks.com/news/the-fly/h-c-wainwright-strong-core-scientific-bulls-as-coreweave-ipo-approaches Chinese electric vehicle maker Zeekr (ZK) will unveil a luxury model next month, targeted at luring wealthy consumers away from premium foreign brands such as Mercedes-Benz (MBGYY) and BMW (BMWYY), the South China Morning Post’s Daniel Ren says. The Hangzhou-based unit of Geely Auto (GELYF), mainland China’s second-largest carmaker by sales, said on Monday…