Geely Automobile Holdings' (HKG:0175) unit, Zeekr, plans to expand its sales network in the overseas markets this year to more than 200 stores, Reuters reported Feb. 14, citing a statement from Zeekr.
The automobile subsidiary will focus on Europe, Middle East, and East Asia, the report said.
Moreover, Zeekr will debut a new model with level 3 autonomous driving technology during a Shanghai auto show in April, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)