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Geely and Volvo Car's joint Lynk & Co brand said on Wednesday it plans to expand its sales network beyond China and Europe to the Gulf region in the fourth quarter of this year. Lynk & Co, which ...
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 ...
Geely bought the Swedish brand 10 years ago for $1.8 billion - a deal that raised its international profile and sent shockwaves through the global auto trade. Fuelled by Volvo, China's Geely seeks ...
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 ...
Developing technologies and cars for the Geely owned brands Volvo Cars, Geely, Lynk & Co, Polestar, Lotus, LEVC (London-taxi), Zeekr and Proton. [5] In 2024, the company had more than a thousand full-time employees and annual revenue of around 4 billion Swedish krona. [6] Zeekr Technology Europe also does development work for other companies.
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%. [ 48 ] [ 49 ] 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% ...
Shares in Volvo Cars tumbled as much as 13% Friday to hit a record low after its biggest shareholder Geely sold part of its stake at a discount to the market value.
The B-segment Modular Architecture (BMA) is a global compact unibody automobile platform developed by Geely Auto.The architecture can be used to develop cars with a wheelbase between 2,550–2,700 mm (100.4–106.3 in) and with wheel track wheels ranging from 1,500–1,600 mm (59.1–63.0 in). [1]