Chinese premium electric vehicle brand Zeekr is set to expand into more European markets in 2026, including France, the UK, Italy, and Spain, an executive said Friday.

Chinese electric vehicle makers Zeekr and Neta reportedly inflated their car sales figures by insuring vehicles before they were actually sold to customers.

In September 2024, Ukrainians purchased nearly 1,200 cars from China, slightly less than last year. Nevertheless, Chinese cars continue to strengthen their position in the market, capturing 16% of the new car segment.

China’s electric vehicle sector, having weathered a challenging period, is seeing a shift in investor sentiment, News.Az reports.= citing Investing.

Zeekr (ZK.N), opens new tab shares opened nearly 24% above their IPO price on Friday in a strong start for the EV maker, the first major U.S. market debut by a China-based company since 2021.