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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.
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.
9h
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 ...
1h
Geely Automobile Holdings: Buy Rating Backed by Strong Financial Performance and Strategic Acquisitions
In a report released yesterday, Eunice Lee from Bernstein maintained a Buy rating on Geely Automobile Holdings (GELYF – Research Report), ...
TechNode
9h
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 ...
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