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Zeekr set to take on BMW, Mercedes in China’s SUV segment, SCMP says

Zeekr set to take on BMW, Mercedes in China’s SUV segment, SCMP says

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 that the Zeekr 9X Grand SUV would be priced at about $137,840. The 9X Grand is the super-luxury edition of the 9X series, with other variants also making their debut next month, the author says.

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