Chinese EV 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.

Geely's electric car subsidiary Zeekr has made its debut on the US stock exchange and immediately recorded a rising share price. However, it seems ironic that the long-planned IPO coincides with the electric car trade dispute between the USA and China.

By Echo Wang NEW YORK (Reuters) -Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range on Thursday, raising $441 million,

Investors will have another way to ride the electric-vehicle sector on Friday, as China-based Zeekr Intelligent Technology Holding Ltd. is set to go public with a market valuation of more than $5 billion.

Zeekr Intelligent Technology Holding Ltd., the high-end electric car brand under Zhejiang Geely Holding Group Co., sold shares in an expanded initial public offering at the top of a marketed range to fetch about $441 million,

Zeekr's shares rose almost 35% above their initial public offering price on Friday in a strong start for the electric-vehicle maker, the first major U.S. market debut by a China-based company since 2021.

Chinese EV-maker Zeekr wants to sell its cars to Americans, but increased tariffs from the White House aims to hinder those plans.