enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Eyeing IPO, Volvo Cars to take full control of its Chinese ...

    www.aol.com/news/volvo-cars-buy-parent-geely...

    In February, Geely's Hong Kong-listed unit Geely Automobile and Volvo Cars scrapped plans to merge. ... Hangzhou-based Geely, which also owns a 9.7% stake in Daimler, said earlier this year it was ...

  3. Volvo, Geely to merge combustion engine operations

    www.aol.com/news/volvo-geely-merge-combustion...

    Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC, Lynk and Proton, and also potential ...

  4. Lynk & Co - Wikipedia

    en.wikipedia.org/wiki/Lynk_&_Co

    Geely Holding Group transferred its 11.3% stake in Zeekr Intelligent Technology (Zeekr) to Geely Automobile Holdings (Geely Auto). As a result, Geely Auto's shareholding in Zeekr increased to 62.8%. [ 23 ] [ 24 ] Zeekr subsequently announced its acquisition of a 20% stake in Lynk & Co from Geely Auto for 3.6 billion yuan, along with Volvo Cars ...

  5. Geely - Wikipedia

    en.wikipedia.org/wiki/Geely

    Volvo Group (6.8% stake) In 2017, Geely acquired an 8.2% stake of Volvo AB, which is also about 15% of votes. [130] [131] In January 2024, Geely announced to reduce its holdings in Volvo Group by 685 million USD. The stake has been lowered from 8.2% to 6.8%. Despite the reduction, Geely remains the second-largest shareholder in Volvo Group. [132]

  6. In major Geely shake-up, EV brand Zeekr to take control of Lynk

    www.aol.com/exclusive-chinas-zeekr-control...

    Lynk's two latest EV models, the Z10 and Z20, share the same architecture used by Zeekr's cars while its gasoline and hybrid models use different platforms developed by Geely and Volvo Cars.

  7. Volvo Cars - Wikipedia

    en.wikipedia.org/wiki/Volvo_Cars

    In February 2020, Volvo and Geely announced that they had started formal discussions about a merger of business. Geely had owned 100% of Volvo, but Volvo Cars had largely been allowed autonomy with its resources. [47] These merger talks were later halted, and 18% of Volvo Cars shares were listed on the Nasdaq Stockholm stock exchange in October ...

  8. Geely Automobile steps toward mainland China listing; HK ...

    www.aol.com/news/chinas-geely-automobile-moves...

    Geely Automobile and sister company Volvo Cars, which parent Zhejiang Geely Holding Group Co Ltd bought from Ford Motor Co in 2010, are planning to merge and list in Hong Kong and possibly ...

  9. Geely Auto - Wikipedia

    en.wikipedia.org/wiki/Geely_Auto

    Geely transferred its 11.3% stake in Zeekr Intelligent Technology (Zeekr) to Geely Automobile Holdings (Geely Auto), increasing Geely Auto's ownership in Zeekr to 62.8%. [ 47 ] [ 48 ] Zeekr then acquired a 20% stake in Lynk & Co from Geely Auto for 3.6 billion yuan and an additional 30% from Volvo Cars for 5.4 billion yuan, securing a 51% ...