Zeekr’s IPO honeymoon ends with forced marriage to Lynk & Co.
The recently listed maker of luxury electric vehicles controlled by Geely will pay $1.3 billion for 51% of one of its parent’s units that only recently entered the EV market…
Horizon Robotics debuts strongly, fueled by autonomous driving boom
The autonomous driving technology company will use proceeds from its IPO to capture market opportunities to further drive its revenue and margin growth Key Takeaways: Horizon Robotics raised HK$5.41 billion…
BRIEF: Geely enters consolidation mode after years of expansion
Zhejiang Geely Holding Group is shifting its focus from strategic expansion to strategic consolidation, founder Li Shufu said at an event in the city of Taizhou on Friday, according to…
iMotion stuck with low margins as future hinges on self-developed systems
The autonomous driving company’s revenue grew significantly in the first half of the year, while its gross margins remain meager Key Takeaways: iMotion generated 640 million yuan in revenue in…
Growing Ecarx tries, but struggles, to drive away from Geely
The smart car technology company posted solid quarterly revenue growth, but dependence on its controlling shareholder continues to pose a key risk for the company Key Takeaways: Ecarx’s revenue grew…
Nio in diversification drive as it tries to stem its flood of red ink
With more losses piling up in this year’s first quarter, the high-end EV maker is betting on two new brands targeting the middle and lower parts of the market Key…
FAST NEWS: Zeekr shares jump in New York trading debut
The Latest: Shares of Zeekr Intelligent Technology Holding Ltd. (ZK.US), the electric vehicle (EV) maker backed by leading Chinese automaker Geely, jumped in their trading debut on Friday after pricing…
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