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Geely transferred its 11.3% stake in Zeekr Intelligent Technology (Zeekr) to Geely Automobile Holdings (Geely Auto), increasing Geely Auto's ownership in Zeekr to 62.8%. [ 48 ] [ 49 ] Zeekr then acquired a 20% stake in Lynk & Co from Geely Auto for 3.6 billion yuan and an additional 30% from Volvo Cars for 5.4 billion yuan, securing a 51% ...
Lynk & Co (Chinese: 领克) was established in 2017 that uses technology developed jointly by Volvo Cars and Geely Auto. [115] Before 2024, It was owned 50% by Geely Auto, 30% by Volvo Cars, and 20% by ZGH. It currently 51% owned by Zeekr and 49% owned by Geely Auto after restructuring.
Geely Holding Group transferred its 11.3% stake in Zeekr Intelligent Technology (Zeekr) to Geely Automobile Holdings (Geely Auto). As a result, Geely Auto's shareholding in Zeekr increased to 62.8%. [ 19 ] [ 20 ] Zeekr subsequently announced its acquisition of a 20% stake in Lynk & Co from Geely Auto for 3.6 billion yuan, along with Volvo Cars ...
Geely Auto sold 1.97 million cars in the first 11 months of 2024, close to its annual sales target of 2 million. Around 777,000 of those sales were “new energy vehicles,” a Chinese term that ...
STMicroelectronics NV (NYSE:STM) and Geely Auto Group have signed a long-term Silicon Carbide (SiC) supply agreement to enhance their collaboration on SiC devices. The chipmaker’s stock price ...
Chinese companies are getting cold feet from stringent stock-listing requirements in Shanghai, after personal-computer maker Lenovo and carmaker Geely Automobile pulled their applications, cooling ...
Geely Holding Group transferred its 11.3% stake in Zeekr Intelligent Technology (Zeekr) to Geely Automobile Holdings (Geely Auto). As a result, Geely Auto's shareholding in Zeekr increased to 62.8%. [ 23 ] [ 24 ] Zeekr subsequently announced its acquisition of a 20% stake in Lynk & Co from Geely Auto for 3.6 billion yuan, along with Volvo Cars ...
Geely Galaxy (Chinese: 吉利银河; pinyin: Jílì yínhé) is a product line and dealership network of Geely Auto, which is itself a subsidiary of Zhejiang Geely Holding. Unveiled in February 2023, Geely Galaxy specializes in new energy vehicles ( plug-in hybrid and battery electric vehicles).