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Volvo To Sell Its Stake In Lynk & Co; Zeekr To Acquire Majority Stake
Volvo will sell its entire 30 per cent stake in the Chinese EV firm with fellow Geely subsidiary Zeeker to increase its share from 20 to 51 per cent.
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.
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.
Dagens News (US) on MSN
2d
Chinese Owner Plans to Sell Stake in Volvo
Volvo Cars' share price has plummeted by up to 75 percent over the past three years, and now Geely, which owns a majority ...
2d
on MSN
All the cars being discontinued for 2025: Here’s what we’ll miss
From beloved muscle cars to quirky compacts, these models are saying goodbye in 2025 as the industry inches closer to ...
Business Wire
21h
Dassault Systèmes’ 3DEXPERIENCE Platform to Be Used for Electric Vehicle Development at Volvo Cars
Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that Volvo Cars has chosen to deploy Dassault ...
Dagens News (US) on MSN
2d
Volvo Believes Self-Driving Cars are Not Safe Enough
Volvo remains cautious about fully self-driving cars, as the brand does not consider current autonomous driving technology ...
10d
Volvo Cars October sales rise 3% year-on-year
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters ...
Energy Live News
23h
Volvo enables in-app smart charging with new EV plan
Volvo electric vehicle drivers can now enroll in OVO’s Charge Anytime smart charging plan directly within the Volvo app ...
Automotive Fleet
6d
Volvo To Start Fulfilling EX30 Preorders in the US Before 2025
After its reveal in 2023, the Volvo EX30 is finally making its way to the U.S. after becoming one of the best-selling EVs in ...
7d
on MSN
Here’s When the Volvo EX30 Will Finally Get Here
Even in the face of tariffs on Chinese-built EVs, Volvo moves up the US launch of its smallest and most affordable EV.
Electrek
7d
Volvo EV owners can now charge at Tesla Superchargers
Volvo Cars is opening access to Tesla Superchargers in the US and Canada for its EVs, including its new EX90 flagship SUV.
20h
on MSN
Best family electric cars 2024: practical seven seater EVs tested
From Kia and Volvo, to Tesla and Peugeot, these are our favourite practical EVs with space for all the family.
https//carbuzz
1d
Volvo Has The Best New Car Deal No One Is Talking About
What if you could get 5% off your new car's MSRP and get free flights for two and a hotel stay thrown in as well?
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