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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.

Reuters on MSN · 1d

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.

scmp.com · 5h

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.

TechNode11h

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 ...

ZEEKR Strengthens Position with Geely Integration

ZEEKR Intelligent Technology Holding Limited Sponsored ADR (ZK) has released an update. ZEEKR Intelligent Technology has announced strategic integration transactions with Geely entities to enhance its ...

17h

Zeekr price target raised to $38 from $31 at Macquarie

Macquarie analyst Eugene Hsiao raised the firm’s price target on Zeekr (ZK) to $38 from $31 and keeps an Outperform rating on the shares ...

GlobalData on MSN1d

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 ...

10h

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 ...

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