Briefly

Geely launches new Zeekr model in Israel

Chinese automaker Geely launched on Thursday a new electric car model of its Zeekr brand in Israel. Sales of the model, Zeekr 7X, officially opened in Israel at a launch event held by Geely's official importer, Geo Mobility, in the coastal city of Tel Aviv. Zeekr 7X is an electric mid-size crossover SUV, offering a range of up to 610 km, a maximum speed of 210 km/h, and fast charging from 10 to 80 percent in between 13 and 16 minutes. It is equipped with a 75-kWh or a 100-kWh battery, depending on the model version.

Yuan weakens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 12 pips to 7.1535 against the US dollar on Friday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

Xinhua - China Daily