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Zeekr, Lynk & Co and Geely
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,
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 its parent and Volvo Car. ADRs tumbled 26%, to $21.55 ...
Zeekr to take control of Lynk in major Geely shake-up
Zeekr and Lynk have some overlap with similar products and pricing, cannabilising each other's sales, analysts have said. Premium electric vehicle maker Zeekr will take control of
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.
Chinese EV reset: ZEEKR to take control of Lynk as it looks to be a major player
China's Geely said electric vehicle maker ZEEKR Intelligent Technology (NYSE:ZK) plans to take control of Lynk & Co as the first big restructuring move in a major reset of the holding company's automotive group.
1h
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 ...
GlobalData on MSN
12h
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
21h
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 ...
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 ...
19h
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 ...
21h
Geely Automobile 3Q Rev CNY60.38B Vs. CNY50.11B >0175.HK
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
22h
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 ...
5h
Zeekr announces strategic integration transactions with Geely
Zeekr (ZK) announced its entry into strategic integration transactions with certain Geely entities, including Zhejiang Geely, a PRC limited ...
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