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China's Latest EV Stocks Face Uncertain Reception in New York.

Authors :
Wilmot, Stephen
Source :
Wall Street Journal - Online Edition. 11/29/2023, pN.PAG-N.PAG. 1p.
Publication Year :
2023

Abstract

Chinese electric vehicle (EV) startups Zeekr and Lotus are facing uncertain reception as they prepare to enter the New York market. Both companies are part of Li Shufu's automotive empire Geely and are seeking to tap into the U.S. market, unlike other Chinese EV startups that have turned to Hong Kong for fundraising. Zeekr and Lotus are aiming to build American businesses and are looking to overcome intense competition in China's EV market. However, they face challenges such as a crowded home market and geopolitical tensions. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
173887739