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Market
How will Lynk & Co's product lineup change by end of 2025 post-acquisition?
2
Resolution / Starting Odds
Expansion with new models • 25%
Reduction in models • 25%
No significant change • 25%
Complete overhaul • 25%
Official announcements from Lynk & Co or Geely, automotive industry news
Story
Zeekr to Acquire 51% Stake in Lynk & Co in Strategic Move to Eliminate Duplication and Cut Costs
Nov 14, 2024, 05:35 AM
Zeekr, the premium electric vehicle brand owned by China's Geely Automobile Holdings, is set to acquire a 51% stake in its sister brand Lynk & Co as part of a strategic integration, according to Chinese state-run media reports. The restructuring aims to eliminate duplication and save costs amid fierce competition in the electric vehicle market. Zeekr plans to use its own cash reserves and external financing to fund the acquisition, which will give it a controlling stake in Lynk & Co. The move consolidates Geely's position in the rapidly growing EV segment.
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Similar markets
Electric Vehicle Focus • 25%
Cost-Cutting Measures • 25%
Expansion into New Markets • 25%
Other • 25%
Increase EV production in Europe • 25%
Partner with Chinese manufacturers • 25%
Reduce prices of existing models • 25%
Other • 25%
Focus on expanding in other Chinese regions • 25%
Increase investment in electric vehicle technology • 25%
Strategic partnership with another Chinese company • 25%
Other • 25%
Yes • 50%
No • 50%
Increase investment in China • 25%
Reduce presence in China • 25%
Maintain current strategy • 25%
Other strategic move • 25%
India • 25%
Indonesia • 25%
Thailand • 25%
Other • 25%
Successful roll-out of 18 new models • 25%
Roll-out of fewer than 18 models • 25%
Partnership terminated before 2030 • 25%
Other outcomes • 25%
Ford • 25%
General Motors • 25%
Volkswagen • 25%
Other • 25%
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Outside top 10 • 25%
Plant repurposed for new industry • 25%
Plant remains in automotive production • 25%
Plant closed down • 25%
Other outcome • 25%