Geely pulls out as majority shareholder of infant EV brand Zeekr… sort of

Electrek
By Scooter DollJul 12, 2021, 2:21 pm272 pts
Automotive conglomerate Geely has announced that it will exit as the majority shareholder of Zeekr, a premium EV brand launched in China earlier this year. By pulling out as majority shareholder, Geely now opens the door for outside financing in Zeekr. However, while Geely’s name may no longer be listed in…

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