The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year
Before a full FSD rollout, Tesla still needs Chinese approval to collect and transfer data that Tesla's cars need to train its driver-assistance features
The electric vehicle-maker's IPO will be the biggest in the United States by a Chinese company in more than two years
By potentially allowing Tesla to roll-out FSD, Beijing may be hoping for the ‘catfish effect’ to accelerate research and development by Chinese EV-makers
Interest in local Chinese partnerships comes at a time when foreign carmakers are quickly losing share in the world’s biggest car market
Chinese electric vehicle-makers have rushed to take on Tesla, despite increasing competition, slowing demand and looming oversupply
Lawmaker Sherrod Brown, who has also demanded steep tariffs on Chinese EVs, says they are a threat to American automakers
The German automaker is also planning to roll out two new models as part of its tie-up with Chinese firm Xpeng
The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000
The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged
Xiaomi co-founder and CEO, Lei Jun, believes his newly launched electric sedan is a direct competitor of Tesla — both in price and capabilities
Chinese carmakers are turning to Nvidia for advanced technology in an effort to compensate for what they currently lack in global brand recognition