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EV brand Zeekr to take control of Lynk
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.
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 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.
The Droid Guy
5h
Chinese EV Maker Xpeng Aeroht Unveils Modular Flying Car
Xpeng Aeroht has made significant strides in the realm of advanced transportation with the unveiling of its modular flying ...
19h
Chinese EV makers’ go-global drive hits bumps amid Beijing’s warning, failed deals
After officials warned against investments in EU countries that favoured recent tariffs, EV makers may need to rethink their ...
Digi Times
8h
Chinese EV makers weigh relocation as EU trade tensions mount
Mounting trade tensions between the European Union and China are prompting Chinese electric vehicle manufacturers to ...
Barchart on MSN
8h
Is This Chinese EV Stock a Buy for Autonomous Driving Upside?
As autonomous vehicle (AV) technology accelerates,artificial intelligence (AI)-powered cars are sparking a wave of consumer ...
2d
China's CATL pushes beyond batteries into power grids, EV platforms
Robin Zeng, the billionaire founder of CATL , aims to reinvent the world’s largest battery maker as a green-energy provider ...
2d
on MSN
Not a fan of EVs: Trump’s comeback to hurt Chinese EV makers, expect ‘rough seas’
Chinese EV makers can opt to set up a base in the US, take the tariff blows or find new markets elsewhere, according to ...
Bangkok Post
6h
China's EV sector reaches 10 million production milestone, overcapacity fears deepen
The China Association of Automobile Manufacturers, an industry consortium backed by the government, announced that the 10 ...
1d
Trump's transition team aims to kill Biden EV tax credit, sources say
Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. The energy-focused ...
4d
Chinese EV makers look to Africa as rivalry with US, Europe heats up
Chinese electric vehicle makers are opening flagship stores and assembly plants in Africa as they look to expand on the ...
2d
on MSN
Japanese carmakers are losing ground as China surges ahead in the EV race
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitive EV market.
3d
Chinese EV makers invest in Africa to foster green growth, not avoid Western tariffs
Africa is emerging as a key investment destination for Chinese electric vehicle (EV) makers seeking to go global. Egypt, in ...
1d
Exclusive: China battery giant CATL would build US plant if Trump allows it
CATL , the world's top battery maker, will consider building a U.S. plant if President-elect Donald Trump opens the door to ...
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