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EV brand Zeekr to take control of Lynk
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.
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. It's the first big restructuring move in a ...
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 6.5% to 13.00 Hong Kong dollars, equivalent to US$1.67. The benchmark Hang Seng Index was last up 0.65%.
Zeekr takes over Lynk & Co in major Geely restructuring shake-up
Geely Auto announced on Thursday that its premium electric brand Zeekr will be taking over control of its sister brand Lynk & Co. The major
Volvo To Sell Its Stake In Lynk & Co; Zeekr To Acquire Majority Stake
Volvo will sell its entire 30 per cent stake in the Chinese EV firm with fellow Geely subsidiary Zeeker to increase its share from 20 to 51 per cent.
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. ADRs tumbled 26%, to $21.55 ...
Zeekr to take control of Lynk in major Geely shake-up
Zeekr and Lynk have some overlap with similar products and pricing, cannabilising each other's sales, analysts have said. Premium electric vehicle maker Zeekr will take control of
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.
2h
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 ...
香港電台網站
13h
China's Zeekr to take control of sister brand Lynk
China's Geely said on Thursday its premium electric vehicle maker
Zeekr
plans to take control of sister brand
Lynk
& Co - ...
GlobalData on MSN
17h
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 ...
9h
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 ...
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