Premium electric vehicle (EV) maker Zeekr will purchase a majority stake in Lynk & Co—both are subsidiaries of Geely. A 14 November 2024 press release explained that Zeekr will gain Volvo Cars’ entire 30% stake, as well as an additional 21% from Geely. The parent company will also increase its ownership of Zeekr to 62.8% in order to improve “industrial synergies” between the three brands.
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