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…
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…
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…