(Yicai Global) Feb. 13 -- Zeekr Intelligent Technology, the electric vehicle subsidiary of Chinese car giant Geely Holding Group, has secured USD750 million in a fundraiser, boosting its valuation to USD13 billion.

Amnon Shashua, founder of Intel's Israeli self-driving unit Mobileye, Chinese battery giant Contemporary Amperex Technology, Guangzhou Yuexiu Capital Holdings Group, Ningbo Tongshang Fund Management, and Quzhou Xin'an Smart Manufacturing Fund invested in the Series A round.

Geely remains Zeekr's main shareholder with a 54.7 percent stake, the parent company said in a filing to the Hong Kong Stock Exchange today.

Zeekr will use the funds to develop products and technologies, explore global businesses, and improve user experience, Hangzhou-based Geely said.

Founded in March 2021, Zeekr secured USD500 million in a pre-A financing round from investors in the August of that year, including Intel Capital, CATL, Cathay Fortune, Bilibili, and Boyu Capital.

On Dec. 7, Zeekr filed a draft registration statement to the US Securities and Exchange Commission for a possible initial public offering, without disclosing the timeframe, the size of the issue, or its pricing.

Zeekr has shipped more than 80,000 cars and plans to unveil two new models this year. It delivered 3,116 units of the Zeekr 001 and the Zeekr 009 last month, down 11.7 percent from a year ago.

Editor: Martin Kadiev