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

Levi Li, DIGITIMES Asia, Taipei 0

Credit: DIGITIMES

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...

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