Geely's US$2.4 billion Zeekr buyout kickstarts China's EV brand consolidation wave

Digitimes
Jul 16, 2025, 4:25 am149 pts
Geely Automobile Holdings Limited has agreed to fully acquire Zeekr, its high-end electric vehicle brand, in a US$2.4 billion deal aimed at consolidating operations and sharpening global competitiveness in the smart EV segment. The transaction will privatize Zeekr and delist it from the New York Stock Exchange…

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