Geely to reorganise Zeekr, Lynk units

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.
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,
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.
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.
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.
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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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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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 ...
China is selling record numbers of cars in Russia
Chinese carmakers are dominating Russian roads in the wake of western sanctions following the Ukraine invasion and now have a ...
Volocopter: air cab start-up faces possible sale to China
The German air cab start-up Volocopter is in financial difficulties. According to a report, the Chinese car company Geely is ...
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Geely Rolls Out First-Ever Cowboy SUV, It Sounds American, but It's Not for America
Here comes the Geely Cowboy, a Chinese SUV with an American-ish name, ready to take on the rivals in its segment. Does it ...
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China's Geely in talks to save German flying taxi startup Volocopter with $95 million stake
In China, however, the government has made boosting the “low-altitude” economy a priority, along with an electric vehicle ...
Geely Automobile Holdings: Strong Q3 Financial Performance and Strategic Cost Management Justify Buy Rating
Tim Hsiao, an analyst from Morgan Stanley, maintained the Buy rating on Geely Automobile Holdings (GELYF – Research Report). The ...
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Geely Galaxy Starship 7 in China – Proton eMas 7 PHEV, up to 120 km EV range, 1,420 km total range
Geely’s next big product, the Galaxy Starship 7, has been launched in China ahead of the start of pre-sales on 8. This ...