Street -n- Trail Magazine

On and off-road cars, trucks, motorcycles, and ATVs

Menu  ≡╳
  • Home
  • Automotive
  • Motorcycles
    • Sportbike Saturday
    • Photos
  • Offroad Powersports
    • ATV
    • Snowmobiles
  • Featured Articles
    • Sportbike Saturday
  • Advertise
  • Latest Web News
    • ATV Web News
    • Automotive Web News
    • Motorcycle Web News
  • DIY Corner
You are here: Home / Automotive / Zeekr Group Announces the Closing of Strategic Integrated Transactions
post

Zeekr Group Announces the Closing of Strategic Integrated Transactions

February 15, 2025 By Tyler Hopper

0 Shares
Tweet
Share
Pin
Share

Zeekr Group Announces the Closing of Strategic Integrated Transactions

  • Middle East – English


  • News provided by

    Zeekr Group

    15 Feb, 2025, 10:19 CST


    HANGZHOU, China, Feb. 15, 2025 /PRNewswire/ — ZEEKR Intelligent Technology Holding Limited (“Zeekr Group” or the “Company”) (NYSE: ZK), the world’s leading premium new energy vehicle group, today announced the closing of Strategic Integration Transactions with Geely entities that was previously announced on November 14, 2024. Following the completion of such transactions, Lynk & Co has become the Company’s indirect non-wholly-owned subsidiary.

    Capitalized terms not otherwise defined herein shall have the same meaning as defined in the Form 6-K filed with the Securities and Exchange Commission in relation to the Strategic Integration Transactions on November 14, 2024.

    The goal will be to deepen collaboration, establish a premium new energy vehicle group, and deliver unique value experiences to consumers by offering BEV, ICE, and PHEV, to millions of global users by 2026.

    Zeekr Group aims to achieve sales of 710,000 units, Zeekr 320,000, Lynk & Co 390,000, and operate over 200 overseas stores, aspiring to become a global leader in premium new energy vehicles.

    About Zeekr Group

    Zeekr Group, headquartered in Zhejiang, China, is the world’s leading premium new energy vehicle group from Geely Holding Group. With two brands, Lynk & Co and Zeekr, Zeekr Group aims to create a fully integrated user ecosystem with innovation as a standard. Utilizing its state-of-the-art facilities and world-class expertise, Zeekr Group is developing its own software systems, e-powertrain and electric vehicle supply chain. Zeekr Group’s values are equality, diversity, and sustainability. Its ambition is to become a true global new energy mobility solution provider.

    For more information, please visit https://ir.zeekrlife.com/.

    Safe Harbor Statement

    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward- looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “future,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    SOURCE Zeekr Group

    Modal title


    Go to Source
    Author:

    0 Shares
    Tweet
    Share
    Pin
    Share

    Filed Under: Automotive

    Latest Automotive News

    Automotive Reviews

    Tags

    2014 Models 2015 Models 2018 Dodge Challenger SRT Demon 2019 RAM 1500 AMERICAN HONDA Aston Martin Automotive BMW BMW Group BMW Group In America BMW Motorrad USA Chevrolet Dodge Dodge//SRT Ford Ford Motor Company General Motors GMC Honda Hyundai HYUNDAI MOTOR Hyundai Motor America Inc. Kelley Blue Book Kia Motors America Mazda Raceway Laguna Seca Mecum Auctions Mitsubishi Motors North America Mopar Motorcycles New Models Nissan Nissan Intelligent Mobility Nissan Leaf Nissan Motor Co. NISSAN NORTH AMERICA Petersen Automotive Museum Powersports Ram Truck Brand Subaru Subaru of America Team Honda HRC TOYOTA Volkswagen Volkswagen of America

    About

    We’re dedicated to bringing you all of the latest automotive, motorcycle, and atv industry news in one place! Our founders felt the need to have ONE website where you can access news and articles on your favorite motorsports.

    Meet our team...

    Read More

    Contact Us

      Your Name (required)

      Your Email (required)

      Subject

      Your Message

      captcha

      Calendar

      June 2025
      M T W T F S S
       1
      2345678
      9101112131415
      16171819202122
      23242526272829
      30  
      « May    

      Copyright Street n Trail Magazine

      Website by Hopper Corporation