 Chinese automaker and Volvo Cars owner Geely Automobile Holdings Ltd OTC: GELYY unveiled a high-end electric vehicle EV brand, Zeekr, to capitalize on the growing demand in China and snatch a pie of Tesla Inc NASDAQ: TSLA and NIO Inc NYSE: NIO, Reuters reports. According to Bloomberg, the target market has also attracted tech firms Xiaomi Corp OTC: XIACY and Huawei Technologies Co. 