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Geely to reorganise Zeekr, Lynk units
Geely’s Zeekr Will Take Over Lynk & Co To Chase BYD
Zeekr will gain a controlling share of Lynk & Co and access to its dealer network. There is currently overlap between Zeekr and Lynk and parent company Geely wants to streamline the business and cut costs.
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.
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. It's the first big restructuring move in a ...
7h
ZEEKR Intelligent is defended by analysts after earnings drop
Analysts are optimistic about Zeekr Intelligent Technology's acquisition of Lynk & Co, foreseeing increased market potential ...
TechNode
8h
China’s Zeekr and Lynk & Co chase 1 million annual sales target after merger
Geely-controlled car brands Zeekr and Lynk & Co are aiming to double annual sales from this year’s levels to 1 million units ...
MarketWatch
23h
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 ...
11m
Geely Automobile Sees Promising Growth Amidst Strategic Restructuring and NEV Expansion
Ji Shi, an analyst from CMB International Securities, maintained the Buy rating on Geely Automobile Holdings (GELYF – Research Report).
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