Volvo To Sell Its Stake In Lynk & Co; Zeekr To Acquire Majority Stake
Volvo will sell its entire 30 per cent stake in the Chinese EV firm with fellow Geely subsidiary Zeeker to increase its share from 20 to 51 per cent.
Geely Shares Fall Sharply on Zeekr's Plans to Take Majority Stake in Lynk & Co
Geely Automobile's Hong Kong-listed shares fell sharply after it disclosed subsidiary Zeekr plans to take control of Lynk & Co, raising investor concerns over the impact of the deal. Shares of Geely fell 6.
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.
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.
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.
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.
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.
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Volvo Believes Self-Driving Cars are Not Safe Enough
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Volvo To Start Fulfilling EX30 Preorders in the US Before 2025
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Volvo enables in-app smart charging with new EV plan
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Volvo Cars partners with OVO and Kaluza to deliver ultra-low charging rates for EV drivers
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Dassault Systèmes’ 3DEXPERIENCE Platform to Be Used for Electric Vehicle Development at Volvo Cars
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Here’s When the Volvo EX30 Will Finally Get Here
Even in the face of tariffs on Chinese-built EVs, Volvo moves up the US launch of its smallest and most affordable EV.
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Volvo EV owners can now charge at Tesla Superchargers
Volvo Cars is opening access to Tesla Superchargers in the US and Canada for its EVs, including its new EX90 flagship SUV.
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The 10 best electric cars to buy in 2024
A year is a long time in the EV market, and in 2024 we've seen a whole host of new entries, from the brilliant new Renault 5 ...
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Volvo Has The Best New Car Deal No One Is Talking About
What if you could get 5% off your new car's MSRP and get free flights for two and a hotel stay thrown in as well?