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Geely, Zeekr and Lynk
Geely to reorganise Zeekr, Lynk units as founder, investors extract US$2 billion
Li Shufu, the billionaire who controls one of China’s biggest electric vehicle (EV) makers, is consolidating his business under his Hong Kong-listed flagship Geely Auto. He and his associates will extract more than US$2 billion by selling their stakes in the process.
In major Geely shake-up, EV brand Zeekr to take control of Lynk
China's Geely said on Thursday its premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand - the first big restructuring move in a planned overhaul for the sprawling automotive group.
Geely to Integrate Zeekr, Lynk&Co Brands to Streamline Costs
Zhejiang Geely Holding Group Co. plans to integrate its premium electric vehicle brand Zeekr with its smart car marque Lynk & Co. in a restructuring aimed at eliminating duplication and saving costs,
Chinese EV reset: ZEEKR to take control of Lynk as it looks to be a major player
Geely's ZEEKR to acquire majority stake in Lynk & Co in major restructuring move, forming a new energy vehicle manufacturing group.
Exclusive-Zeekr to take control of Lynk in major Geely shake-up, sources say
HONG KONG/SHANGHAI (Reuters) -Chinese premium electric vehicle maker Zeekr will take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the plans said.
Zeekr to be merged with Lynk & Co – Geely’s EV brand to purchase controlling stake, lead car development
Geely is reportedly working to merge the Lynk & Co and Zeekr brands for a more focused approach towards the new energy vehicle market, according to sources cited by Economic Daily. The planned consolidation aims
ZEEKR Strengthens Position with Geely Integration
ZEEKR Intelligent Technology Holding Limited Sponsored ADR (ZK) has released an update. ZEEKR Intelligent Technology has announced strategic
Geely restructures, Zeekr to take control of Lynk & Co. in major overhaul
China's Geely Group in a shake up has put the premium electric vehicle (EV) brand Zeekr in charge of another sibling brand Lynk & Co. There is also the first major step in Geely's ongoing downsising and cost cutting efforts to break with its past as an acquisitive automotive land-grabbing machine.
GlobalData on MSN
11h
Geely moves to further integrate its automotive brands
"Geely moves to further integrate its automotive brands" was originally created and published by Just Auto, a GlobalData ...
Wall Street Journal on MSN
20h
Geely Automobile Nearly Doubles Profit on Strong Sales
Geely
Automobile 1750.28%increase; green up pointing triangle nearly doubled its profit and grew revenue by 20% in the ...
21h
Geely Earnings Surge as Annual Sales Near 2 Million Target
Geely Automobile Holdings Ltd., the centerpiece of billionaire Li Shufu’s car empire, continued to increase revenue and ...
18h
Geely Automobile’s Stocks Soar with Robust Q3 Growth
Geely Automobile Holdings (HK:0175) has released an update. Geely Automobile Holdings announced impressive growth for the first three quarters ...
MarketWatch
6h
Zeekr ADRs Tumble Following Plan to Take Majority Stake in Lynk & Co
American depositary receipts of
Geely
Automobile subsidiary Zeekr Intelligent Technology fell after the Chinese electric-vehicle manufacturer said it plans to acquire a 50% stake in Lynk & Co from ...
2d
on MSN
China’s Geely in Talks for Control of Flying Taxi Startup Volocopter
Chinese conglomerate Geely is in advanced talks to take control of Germany’s Volocopter Gmbh in a deal that would save the ...
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