Geely Automobile Holdings Ltd (OTC:GELYY) is reportedly set to unveil its first premium electric vehicle (EV) to South Korea by 2026, marking an effort by Chinese carmakers to penetrate a market still dominated by Hyundai Motor Co. (OTC:HYMTF) and Kia Corp.
Geely’s luxury EV brand, Zeekr Intelligent Technology Holding Ltd (NYSE:ZK), which recently went public in the U.S., plans to open showrooms in Seoul and Gyeonggi province by the end of next year, with deliveries starting in early 2026, reported Bloomberg.
The first model expected to hit the South Korean market is the Zeekr 001, an EV with a ...