Zeekr went public in May 2024. Geely is the majority stakeholder in Zeekr, holding 65.7% of the company. Geely CEO Li Shufu says that this move will help Geely fend off increasing competition. Not ...
The stigma around “Made in China” cars has been fading for years, but for many people in the West, it still lingers. Cheap materials, copycat designs, questionable reliability, that’s the image that ...
Most US drivers won’t have heard of Geely, if they think about Chinese cars at all. Yet last year, parent company Geely ...
(Reuters) -Chinese automaker Geely Automobile on Wednesday offered to pay $2.2 billion to privatise its unit Zeekr just a year after it took the EV brand public in the U.S., saying it wanted to ...
China’s Geely Auto wants to take its luxury EV unit Zeekr off the New York Stock Exchange one year after the company’s debut, per Zeekr filings. The take-private offer comes as the Trump ...
Feb 19 (Reuters) - Chinese electric vehicle brand Zeekr will enter the Italian market starting from Thursday, the company ...
Exclusive-Zeekr Investors Criticise Geely's $2.2 Billion Take-Private Bid as Inadequate, Say Sources
HONG KONG/SHANGHAI (Reuters) -China's Geely is undervaluing its premium electric car unit Zeekr with the $2.2 billion take-private offer it has made, five early investors in Zeekr have written to its ...
The new 8X pairs a gas engine with three motors and upscale design, delivering extreme power without going fully electric ...
Zeekr's IPO was in May. I rate it a "hold" because it is not a stand-alone company but rather an integral part of the Geely group. For years, Geely was China's dominant private car company. The Geely ...
Geely's offer to Zeekr aims to consolidate amid competition Zeekr's ADS price jumps 11% in US premarket after Geely offer Geely to integrate Zeekr fully, reducing internal rivalry May 7 (Reuters) - ...
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