Pressure mounts on Lynk & Co as Volvo sells full stake to Zeekr
November 15, 2024
Volvo Cars has announced the sale of its entire stake in Lynk & Co to Geely-owned Zeekr in a deal worth approximately €710 million. This move is part of a larger strategy by parent company Geely to streamline its electric vehicle operations and shift away from an acquisition strategy to boosting synergies across its brands. […]