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Zeekr, an EV brand owned by Chinese EV maker Geely, files for IPO on NY Stock Exchange, seeking to raise up to US$367.5M through sale of 17.5 million American depository shares; Chinese companies have faced recent fundraising struggles

European Commission inspectors set to probe Chinese automakers BYD, Geely and SAIC for potentially unfair state subsidies that could hurt European electric vehicle manufacturers

Global electric car sales surge 29% in Q3 2023, driven by Europe and Southeast Asia, with BYD matching Tesla's market share of 17%; VW, Geely Group, Giant Motors and Hyundai follow in overall market share: Counterpoint

EU opens Investigation into foreign brands, including Tesla and Geely, for possible unfair aid from the Chinese government as concerns grow over subsidies in EV production and potential distortion of EU market rules

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