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 ...
NHTSA can impose civil penalties for violation of federal safety laws – Volvo, for example, agreed last year to pay $65 ...
The deal provides for Zeekr to purchase a stake of 30 percent from another group firm, Volvo Cars, and a stake of 20 percent ...
ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) shares traded lower premarket on Thursday. On Wednesday, the company ...
China's Geely said on Thursday its premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand - ...
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"Geely moves to further integrate its automotive brands" was originally created and published by Just Auto, a GlobalData ...
Volvo will sell its entire 30 per cent stake in the Chinese EV firm with fellow Geely subsidiary Zeeker to increase its share ...
China's Geely Group in a shake up has put the premium electric vehicle (EV) brand Zeekr in charge of another sibling brand ...
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Zeekr and Lynk have some overlap with similar products and pricing, cannabilising each other's sales, analysts have said.
STOCKHOLM--Volvo Car agreed to sell its 30% stake in Lynk & Co to Zeekr, a subsidiary of Zhejiang Geely, for around $748 million, it said Thursday. The statement comes after a Chinese state-run media ...