Categories: Auto News

Zeekr has a subsidiary of Volvo technology

The merger of Zeekr and Lynk & Co is officially confirmed, and the leading role with a younger brand. From now on, 51% of Lynk & Co capital belongs to Zeekr, and Geely remains 49% of the shares, that is, de facto Lynk & Co has turned into a Zeekr subsidiary. Internal competition will be minimized: models more than 300 thousand yuan (41 thousand dollars) will be assigned to Zeekr, cheaper than this mark – for Lynk & Co.

The Zeekr Technology group expects to gain a benefit from synergy: the effectiveness of research and development work will increase by 15%, management efficiency-by 20%. ZEEKR and LYNK & Co will use each other dealer centers, and two brands will have a common representative office abroad. In 2025, the alliance counts on a 40 percent increase in sales (up to 710 thousand cars), and in the future it is planned to produce a million cars annually.

The Chinese appreciated the real margin of Zeekr, Li Xiang and Voyah on the roof of the new Zeekr Mix dropped a load weighing 2.2 tons, and why did Zeekr 001 towed a 51-ton dump truck: the process was shot on the video

Interestingly, the association of Zeekr and Lynk & Co did not affect the grocery plans: for example, the “senior” brand in 2025 wants to release three new products (007 GT and two crossovers). As for the flagship crossover Lynk & Co 900, he does not threaten his oblivion, although formally he plays in the price range of Zeekr. However, in the future, a subsidiary will focus on more affordable and mass machines.

Geely does not plan to separate brands by type of power plants: both ZEEKR and LYNK & Co will produce both connected hybrids and electric cars. But the support on Volvo technology will gradually remain in the past: the Swedish company will sell 30% of ZEEKR shares, and more progressive platforms will be the basis of future new products.

A pinch of greenery: cool hybrids

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