BEIJING -- A luxury electric vehicle unit of China's Geely has partnered with top EV battery maker CATL and other investors to accelerate the development of new technologies.
Zeekr Intelligent Technology, which operates Geely's premium EV brand, signed strategic investment partnerships with five companies including Intel Capital, Zhejiang Geely Holding Group announced Friday. The partners will gain a 5.6% stake in Zeekr in exchange for $500 million.
