Chinese EV maker Zeekr soars 35% after US stockmarket debut

Chinese EV maker Zeekr soars 35% after US stockmarket debut
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See more videos about Geely:
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Geely's EV sales skyrocket 306% in January as it passes BYD & VW
• Geely's EV sales skyro...
Geely's new Zeekr 007 blows away the new Tesla Model 3 & BYD Seal
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Geely's US IPO values new EV brand Zeekr at over $10 billion USD
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#geely #zeekr #stockmarket #chineseev #debut #evnews
👇Reference to the news/charts & videos used in this video:
insideevs.com/news/719313/zee... en.wikipedia.org/wiki/Zeekr
finance.yahoo.com/quote/ZK/ www.reuters.com/business/auto... www.google.com/search?q=poles...
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[@888YangJi]

I have a Zeekr 007, great car but again all Chinese EV at its price-range are pretty good car as well. If zeekr wanna make more sales, it has to make it big overseas.

[@trieet9827]

The tariff on china's EV practically gave their market dominance worldwide now. China's EV brand and BYD know this, they don't need to compete with US, they just need to capture worldwide market to out compete the US. 👀

[@davidhein6044]

Zeekr is coming to Mexico in the next couple of months......they look awesome

[@garrycroft4215]

The Zeekr X, Volvo EX30 & Smart #1 are all built on the same platform. I bought the Smart #1 Brabus which is 50/50 partnership between Mercedes and Geely back in October here in the UK and love it. The best looking of the three is the Zeekr however it was not available yet in the UK and who will look after it. At least with the Smart you have Mercedes main dealer support for servicing and the 8 year warranty.

[@yavoripavlov]

Zeekr is seriously wild car. Very high end finishing and beautiful design, software that works smoothly. Can’t really eat the cake of Tesla but worth considering as will bite few pieces.

[@mihailprokopenko6174]

Zeekr tends to kill you in a snowy weather throwing you on a opposite lane

[@daveykay4503]

@@mihailprokopenko6174what a nonsense! I own a 001 Privilege in Holland. Works great! No killing!

[@mihailprokopenko6174]

@@daveykay4503 you are a chinese bot

[@neildolan7177]

You would have to say that any company trying to compete in the Chinese EV market, no matter how good they are, will have enormous pressure on their share price.

[@randellhayes6686]

The tarrifs if they increase in the USA will put more tension on trade between China and USA.This may also bring more China cars to Australia as well.Cant wait to see more choices in Australia as well as Zeeka offerings for Australia.

[@undercoveraca]

100% US tariff on Chinese EVs now confirmed. Agree this means China will focus on other markets that are not protecting their rival auto industries. Green trade wars sound bad, but one upside I read about is the rest of the world will get bargain EVs and solar panels from China, who must find buyers or see huge business collapses in its green sector. Xi probably won't want that on top of the property crisis there.

[@user-wf4cc1oo6o]

You will see a lot of economy’s affected buy this as a result you’ll start to see these tariffs brought in by many countries

[@chabbu64]

The question shouldn't be whether Zeekr is the next Tesla, but rather is the Geely group in general the next Tesla. Big Geely news that has largely been ignored is that they are rolling out their own liquid-cooled, 450KW charging network (Lotus Flash Charge). Also they are planning to work with Nio on possible battery swap tech.

[@christopherj2231]

Tariff's on Chinese EVs are going to 100% in the US Joe said yesterday

[@johnchin1456]

100% tariffs on Tesla's in china would be appropriate

[@christopherj2231]

@@johnchin1456 Teslas are made in China.

[@markuc]

Not if they build it in Mexico or even in the US

[@christopherj2231]

@@markuc Yes true.

[@Puntonghua]

In the NL you have L&C (quite a lot of them actually), Zeekr, Pokestar, Lotus and Volvo

[@trent1615]

Honestly I thought for six billion market cap it was worth throwing a few thousand at it. Honestly if the ipo came out three years ago the market cap would of be three or four times what it is. They sell a fair amount of cars. I will average down once and we will see where it goes.

[@jerryfish09]

Seeker’s story is pretty different to Polar, which Zeeker is originally from Chinese domestic market and it has quite large users group and fans in the China domestic market. Polar is very different animal, maybe their product is more luxury, but I don’t think its user or fans are firm enough.

[@medschoolvisual6954]

The ticker for Polestar is PSNY, the graph and price shown is PSNYW for warrants. I hope this was an unintentional mistake from Viking. If it was intentional its a pretty sleazy way to make people believe things are literally 10x worse then they actually are.

[@tony0x48]

The truth is still bad enough though.

[@edmond5550]

Agreed. One is PSNY which is 1.13 USD and another is PSNYW which is 0.1306. I see lots of Polestar on the road here in Minnesota (northern most state in USA and gets lot of Canadian students) and there is a service center too.

[@klm6715]

Dude I watch your videos occasionally as you are always pretty spot on but WTH man with presenting the wrong stock price of Polestar. Their price is trading at $1.30 not 0.15. You should know that! The ticker symbol is PSNY. I will also say this, I am a Brit living in Gothenburg and Polestars are everywhere. I honestly believe even if the stock doesn't perform to its potential, the company and brand will be around in 10 years. The cars are so much better than Tesla's if we are talking about aesthetics and the car drives well. Their new lineups will boost sales definitely. Zeeker is a cool car but the brand will not be strong globally. Not like Polestar anyway.

[@justinr9753]

Are you going to cover the Ford Edge and Tesla Cybertruck accident?

[@Wavetheory85]

I wouldn’t touch zeekr until there’s many more months of data on the chart but expect it to run up with most EV companies & Hang Seng index. Nio will see an unparalleled move. Let’s see it play out. :-)

[@frankmoore159]

Mate Paul stars is a great car man. It’s really good quality very good to be exact in some cases. Some will say it’s better than Tesla Tesla body lines don’t fit too well for the price of their vehicles the plastic inside cheap you don’t find that in the polarstar vehicle.

[@praiha]

Volvo Car stock is the only Geely stock that is somewhat safe to own (outside China). But even then, it's risky. Luckily the Polestart company related risks are now lower, after Volvo Car AB is giving majority of their Polestar ownership away to their shareholders, in a stock split deal.

[@PhilipX2030]

Good time to buy Zeeker stock

[@timothykeith1367]

Wind-up rubber bands is the next power source

[@vincentsmith9562]

Yes

[@curvenut]

polestar stock is 1.33USD not 0.15 cents

[@user-xh2ex7bx4b]

Be patient young grasshoppa, it will be there soon enough.

[@justinr9753]

​​@@user-xh2ex7bx4b it would be delisted unless they did a reverse split. W is a warrant stock, it's set to expire 2027

[@larzlarz1140]

I don’t understand this comment. Official nasdaq listing of polestar US ADR class C shares shows $0.15 per share.

[@justinr9753]

@@larzlarz1140 look up what is a Stock Warrant.

[@edmond5550]

@@larzlarz1140 There are 2: one is PSNY which is 1.13 USD and another is PSNYW which is 0.1306. Both share the Polestar Automotive name. I bought the PSNY because I thought the extra W was odd. Didn't make sense like it does BRK-B/ BRK-A or GOOG/GOOGL.

[@scottmcshannon6821]

almost every company has a great debut on the stock market; and almost every one goes down from there.

[@markmeachen6927]

Zeekr 001 has Porsche’s electric Macan name written all over it, especially if the price is higher than a Model Y Performance.

[@ashtaroth1975]

Geely it's positioning Volvo and zeekr as Alfa Romeo and Maserati market bracket brands

[@richardryan5047]

What do you think of EHANG?

[@thomasconwaysr.9734]

Dude you are the only one to get it... Co 2 info is a joke methane is a bigger problem We are toast

[@nicholasmuni7995]

Sam I double Zeekr is the next Tesla with the 100% tariffs on Chinese cars

[@xxxx-dh9pk]

China is not going in the US market, who cares about 100% tariffs

[@jeffbrinkerhoff5121]

Wondering how the 100%US tariff on Chinese EVs might affect the stock price...

[@alsjogren7890]

Protecting the domestic industry versus getting more people into EVs quicker and reducing air pollution and greenhouse gases. I think Mr Biden chose incorrectly. Tariffs are at best a TEMPORARY reprieve giving domestic industry a chance to get competitive.

[@WANDERER0070]

Biden is controled by Oil companies obviously 😢

[@JoeyBlogs007]

The price could likely collapse.

[@johngonon1507]

Zeekr is not in France yet. But I bought the Smart #3 that is kind of the same model than Zeekr X (same platform, same battery, same charging curve, same tech, ...) but with a better design (subjective, personal preference). The Smart #3 already feels pretty premium to me, I guess I'll have to book a test of a Zeekr once they come to France to check the difference. I wouldn't invest in Zeekr right now because I think it's above it's value. Geely group is really bad at communication (at least in France), nobody knows their brands. They have great cars like the "Smart" brand, but they don't sell because nobody knows about them. I only knew about them because I did my geek research (like going through the EuroNCAP listings) before setting my mind on some cars, with the Smart #3 being the clear winner. But I'm definitely keeping an eye out for Zeekr.

[@mnhsty]

I’ll wait until they show a profit or a path to profitability.

[@davidandrews8007]

So what will happen in Australia? All Chinese cars.

[@cb250nighthawk3]

BYD will be setting up manufacturing in Australia.

[@petersimms4982]

Personally I’ll still have a polestar 😊

[@bsobro]

Zeekr is selling in US

[@shawncooper8131]

Only if Zeeker can make profit at production. Simple.

[@davidk6269]

I strongly suspect that Zeekr will drop. The anti-China bias and the shorts will take Zeekr down is my prediction.

[@frankmoore159]

Polestar is in trouble, mate for sure, but it doesn’t mean they’re done and see when they are things picked up in April. Let’s see if their numbers are picking back up now they’re gonna have the trouble if our great president here in the United States put those tariff taxes on Chinese EV‘s, then, Paul starts, gonna have to move their company to the Carolinas in the United States, which that company was to ship it make vehicles and ship to Europe

[@francismarion6400]

This guy must work for China.

[@Nat_Ryder]

That's great, how do I get the same job?

[@francismarion6400]

@@Nat_Ryder Hate your country

[@francismarion6400]

@@Nat_Ryder Don't be good at anything else.

[@larryc1616]

No, for Tesla ⚡️🇺🇸

[@xinyiquan666]

@@francismarion6400 hm lss is only you could do

[@sparkysho-ze7nm]

@ 0 : 0 0. They don’t have “th TEAM!!! “

[@jools2323]

If China invades Taiwan, which they've pretty much said they'll do, where will that leave EVs solar panels and batteries? (I'm not anti-EV - petrol will be even harder to get)

[@nerdbikes3841]

If China invades Taiwan, oil prices will soar. China will be buying mountains of oil from Russia and will spike oil prices worldwide. Japan will also go on an oil buying spree to prepare for possible hostilities. In the US, $8/gal could happen pretty quickly. American EV makers better prepare for big demand if things go sideways in the China Sea.

[@LokeKS]

They have not said will invade, don't spread false news. They will only do so if Tw declare independence with US. What will happen in hawaii declares independence and 3rd country arms hawaii?

[@10secondsrule]

How do you come up with this nonsense? Link please. If you can both read and understand what you read you’d not be writing such idiotic statements.

[@jools2323]

@@10secondsrule BBC report on Xi's speech. How do you interpret this, and have you ever heard of a country called Hong Kong?: - Taiwanese people "must understand that independence will only bring hardship," Mr Xi said, adding Beijing would never tolerate any form of activity promoting Taiwanese independence. Instead, unification was "an inevitable requirement for the great rejuvenation of the Chinese people", he argued. He also stressed that relations with Taiwan were "part of China's domestic politics" and that "foreign interference is intolerable". Beijing "reserves the option of taking all necessary measures" against outside forces

[@seokjin3000]

​@@jools2323that doesn't sound like "we will invade."

[@Thakshuka]

Today ZK drop to $23.38

[@user-hr6ep5nd4u]

It's different this time nyuk nyuk.

[@lowtech_1]

US pressured Mexico, no incentives for Chinese cars manufacturing in Mexico (other have got them) and no more meetings about setting up factorys in Mexico.So they may not be setting up there.

[@johnhg_myaus]

ya...BYD should wait out till 2025 see who get elected uS president, by then either 100% or 200% tariff or more...

[@nicholasmuni7995]

This is good when you make a pig of yourself.

[@mrmawson2438]

Zeekr

[@hengleekai7788]

Can't enter us market

[@cb250nighthawk3]

Zeekr will bypass US regulations via loopholes.

[@chillfluencer]

13:34 - if you would have invested in Nvidia or Broadcom you now would be way happier.

[@iscadean6038]

So, knowing Volvo has a worldwide dealership, wouldn’t Geely just buy out the Volvo dealerships around the world and jump into the mainstream?

[@Media-alternatif-2024]

The next is $FFIE

[@andrewvercillo7584]

I feel like they are just a fancy Fisker and will fail like them.

[@badskpr]

sixty per cent tariff activated in US.

[@robertfonovic3551]

Wrong.

[@undercoveraca]

At least they have a brandname that works outside China. Zeekr trips of the tongue better than Xpeng and Xiaomi and avoids the weirdness of the Chinese brands who use weird English phrases. Don't think I'd want to drive a 'Skywell', whatever that is.

[@kamsunleong6648]

Xpeng actually sounds badass. Like XMen. There are others like Avatr 11 and my personal favourite, Ora Funky Cat.

[@chillfluencer]

Despite Geely's successes - its stock price is 🤣🤣🤣

[@mrmawson2438]

Evening mate

[@philjklew]

Given the fierce price war between the EV manufacturers at the moment, I would only consider buying an EV from Tesla, BYD or an EV from one of the legacy auto makers. There are plenty of interesting EVs being made in China, but given that most of these EV makers are likely to collapse, I don't want to end up with an orphaned car with no manufacturer support.

[@kamsunleong6648]

Zeekr will not be one of them. They are under the Geely group that includes Volvo, Lotus, Lynk & Co. London Taxi Co . Proton and Smart Automobile.

[@jeremyheung6582]

目前中国有一些小品牌可能会倒闭，甚至NIO和XPENG也有风险，但ZEEKR绝对没有任何风险。

[@mcopanzan]

Zeekr knock of from the old 90's Fiat Coupe design (front anyway), looks basically like a slightly modernized version of the coupe, wasn't a pretty look back then and it isn't now, but at least is isn't hideous like their SUVs. Gheely can keep it, not interested in it at all.

[@andreasstamatakis4983]

Polestar 15cents!!! I don’t think so… not yet anyway!

[@mohamadzainudinhassan8742]

That's the price of warrant

[@larzlarz1140]

I don’t understand this comment. Nasdaq is showing polestar ADR class C shares at 15 cents.

[@praiha]

@@larzlarz1140 That's PSNYW instead of PSNY. The company stock price is at 1.3 dollars, which is not exactly great either, as it was at about $14 when the SPAC deal was closed.

[@medschoolvisual6954]

@@larzlarz1140the regular ticker for polestar is PSNY, the stock is 1.33 usd today. The ticker PSNYW is for warrants (right to buy shares of stock , like a long term option)

[@scottmcshannon6821]

cant you read actual stock prices?

[@roger_is_red]

of coarse their cars are shiny and have batteries so that equals Tesla right???? total bs

[@mattx4253]

Imagine listing on the US stock market but having a 100% tariff on your import and thinking buying that stock is a good idea 😂

[@johnfrancis4401]

The corporate structure is too complicated. Will the senior management transfer funds from one subsidiary to another? So I would advise not investing until Zeekr becomes completely independent. Being owned by Geely is dangerous. In fact it may be better to invest in Geely rather than Zeekr..

[@BACA01]

They are dangeroues in any way beacuse they are all owned by c cp.

[@rodmitchell831]

Great stuff Sam

[@sethf4385]

Where’d you get $0.15? It’s at $1.34 🤣

[@edmond5550]

greed. One is PSNY which is 1.13 USD and another is PSNYW which is 0.1306.

[@EmmanuelJotterand]

The only question is : "Is Tesla the old Tesla"? In 2012 they were quite good, and since then they are worse and worse, but cheaper ... 😂

[@teslacarolina]

But Ross said PoleStar was a great investment 😢😢😢😢😢😢😢😢😢

[@juliahello6673]

It might be in the future. Their EVs are good.

[@SS-dl6oq]

​@@juliahello6673Geely needs to replace the current Polestar CEO THOMAS INGENLATH if the company stands a chance for a positive turn around

[@mihaigeorgeanghel6066]

If China's EVs set a strong foot in US or Mexico Tesla is finished.

[@curvenut]

Now it is clear why volvo sold all his polestar stock. They known zeekr will be ipo. That show the low confidence of volvo in polestar success

[@SS-dl6oq]

Volvo did not sell all its shares in Polestar...it still has an 18% stake

[@curvenut]

@@SS-dl6oq ok . I thought they sold all. But they had in the past 50% . So that a massive drop in ownership

[@jandijkvan1744]

Polestar on 0,15 ? You dit not look good. Polestar price is 1,33 meaby a oder car company is standing on 0,15. Greeting Jan

[@edmond5550]

Agreed. One is PSNY which is 1.13 USD and another is PSNYW which is 0.1306.

[@markmcculloch2570]

EVs are out the question for South Africans as our power generation is stuffed. Can only look.

[@michaelbedard7859]

100% tariffs

[@francismarion6400]

lol China owns all the materials

[@ChinaStats]

100% tariffs are just for votes, there are no Chinese EVs being sold in the US and won't be in the future, byd gave up on the US market a long time ago.

[@ilollipop100]

Tariff going to 102.5%.... 🤣🤣

[@mrmawson2438]

Cheers Sam for the spot on info 👍

[@stevenbliss989]

Polestar is a shame, they made cars that have PROPER instrument panels like a NORMAL car. I HATE HATE HATE the on screen thing in Tesla, even though I believe Tesla cars are the best.

[@user-xh2ex7bx4b]

Tesla is the next Fisker. Great to see Mercedes wake up and put proper mills in their AMG's. The consumer has spoken and have found these depreciating laptops with wheels wanting. Robo taxis, roadster (how long can they keep those 250K deposits and robots which are complete garbage will not save this sinking ship.

[@larryc1616]

Kodak! VW! Blockbuster! Mercedes!

[@user-xh2ex7bx4b]

@@larryc1616 Mercedes, Porsche and Toyota will be around long after Tesla goes bankrupt. Sales down, FSD is a joke, Supercharger team all fired, design chief gone, 14k employees fired, prices slashed because no one wants these poorly built cars...but I guess the Cyber urinal may save the company with their 1000 per week production...just don't get it wet. Joke of a company except for the fanboys.

[@user-jt4bx5kq8h]

Tesla is overvalued. They don't have ( or margarginal ) growth potential in global south.

[@chaz4609]

We Indians believe that Zeekr can become another Vinfast rather than a Tesla. Jai Hind.

[@undisclosedthai]

And Vinfast becomes another Proton. And Proton is now rebadged Geely. And Geely owned Zeekr. Vinfast is not that bad to me if it is cheap enough. Thai EV market is now full of Chinese products. (It is one key reason why Thai people don't want EVs. They just don't want Chinese products, but also can't afford Tesla.) A Vinfast's selling point is: it is not a Chinese product.

[@ciybersal3499]

We Aussie believe global dump India needs to clean before commenting

[@SS-dl6oq]

Who really cares what Indians think

[@Jeff.55649]

Volvo is the way for Geely, zeekr is dogshit!

[@squishedfrog99-gp4qq]

Unfortunate name. Spelling might not be the same, but it matters not.

[@mikafiltenborg7572]

Tesla is the next Tesla

[@singed8853]

Cults are cults.

[@trancendedmindpalace]

Haters are haters

[@sparkysho-ze7nm]

Employees sub conscience mind is th greatest competition

[@user-xh2ex7bx4b]

@@trancendedmindpalace fanboys are fanboys. Financial reality be damned.

[@user-xh2ex7bx4b]

@@trancendedmindpalace senior executives punting their stock to fanboys.

[@chillfluencer]

Sam comparing Geely sub-brands and Tesla with trash like Lucid and Fisker and Rivian. 🤣🤣🤣 Cope with it: Fisker, Rivian and Lucid are trash.

[@BACA01]

All chinese cars and brands are second grade copies and trash that why people don't want it. They are just ashamed to drive a chinese car. And lucid is a diamond. Deal with it.

[@jeffreydurrance5400]

Biden needs to go

[@margarita8442]

predict it will fail like this channel

[@sparkysho-ze7nm]

Really!!!!! Gudday mate ur finished tehehe

[@ChiTsang]

tofu dreg

[@LokeKS]

Like the US bridge

[@ChiTsang]

@@LokeKS Ccp makes 豆腐渣工程

[@garrycroft4215]

Trump will put at least 100% tariff on Chinese cars. Or ban them and US EVs completely. He has asked big oil for $1bn to go full on gas cars.

[@JP16758]

You won’t have to wait for Trump. You may want to look at Bidens new announcement on EV tariffs.

[@larryc1616]

Biden already did, but the Chinese are smarter. Made in Mexico via NAFTA to US 💰

[@juliahello6673]

We have a choice in November. The anti-EV president or the even more anti-EV president.

[@nicepokerface3465]

Trump openly accepting bribes

[@DK-ev9dg]

Hey you deleted my previous comments. You can't handle the truth.