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Zeekr Takes Control of Lynk & Co in Geely's Strategic Overhaul

Geely reorganizes its automotive brands to boost efficiency and cut costs.

  • Zeekr will acquire a 51% stake in Lynk & Co, consolidating resources and reducing internal competition.
  • The acquisition aims to streamline operations, with Zeekr leading innovation across Geely's 12 brands.
  • Geely Auto increases its stake in Zeekr to 62.8%, supporting the brand's strategic direction.
  • Volvo Cars divests its 30% stake in Lynk & Co, with plans to maintain operational collaborations.
  • The restructuring is part of Geely's response to competitive pressures in the EV market.
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