May 10 (UPI) -- Chinese electric vehicle maker Zeekr, owned by Geely, was listed on the New York Stock Exchange on Friday. Shares climbed some 38% for a potential $7 billion valuation in Zeekr's initial public offer.
EV fortunes can fall as far and fast as they rise, but Zeekr sold 21 million shares, raising $441 million as it seeks to expand beyond China.