Geely Auto, the Hangzhou-based owner of Polestar and Volvo, has too many brands. But lately, one of them in particular kind of stands out: Zeekr. This morning, Zeekr officially entered the U.S. stock exchange at a price of $21 per share and an estimated valuation of more than $5 billion. Within a few minutes of officially being open for trading, and with Zeekr EVs parked outside for all of Lower Manhattan to see, the stock touched nearly $27, pushing the company’s valuation to $7 billion.
