Geely, Zeekr and Lynk & Co

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 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 6.5% to 13.00 Hong Kong dollars, equivalent to US$1.67. The benchmark Hang Seng Index was last up 0.65%.
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,
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 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.
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.
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 ...
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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 ...
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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 ...
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 ...
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Geely: ASP of Zeekr Bicycles at RMB300K in 3Q; Full-yr Target of 230K Units Achievable
The ASP of ZEEKR bicycles reached RMB300,000 in 3Q24, which is steadily ranked amongst luxury brand leaders, An Conghui, ...
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 ...
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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GEELY AUTO (00175.HK) Envisions 2024 Exports 400K+ Cars
GEELY AUTO (00175.HK) achieved overseas export sales of 117,000 vehicles in 3Q24, marking a 71% YoY increase, Chinese media ...
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 ...