Is Zeekr fully owned by Geely?
Following the transaction, Zeekr has become a wholly owned subsidiary of Geely Automobile and has officially delisted from the New York Stock Exchange. Maples and Calder (Hong Kong) LLP served as Cayman Islands legal counsel to Geely. The completion of the ZEEKR Geely merger formally transitions ZEEKR into a private company structure under Geely’s ownership.
Is Zeekr a luxury brand?
Luxury Electric Vehicle Brand | About Zeekr | Zeekr Australia. We are Zeekr. Through design, technology, and innovation, we encourage everyone to re-imagine luxury electric automobiles. Stands for Zero, the starting point of infinite possibilities. This is a refined, quiet, well-equipped electric SUV that can support being priced a little above the familiar Tesla Model Y. There is no doubt that the Zeekr is more plush and luxurious.
Is Zeekr a Volvo?
Volvo – which has a history dating back to 1927 – is majority-owned by Geely, which also owns Zeekr. Zeekr was formed in 2021 and has a design centre in Gothenburg, Sweden, where Volvo is headquartered. It officially launched here at the end of 2024 with the X small luxury SUV and 009 people mover. While the answer to Who owns Volvo Cars? Chinese Zhejiang Geely Holding Group Co. Ltd. Volvo Cars as more of a technological partnership, with the Swedish brand able to maintain a high level of design and manufacturing independence.Geely is primarily owned by its founder, Li Shufu. He serves as the chairman of Zhejiang Geely Holding Group. Although it is a privately held company, it has also issued publically traded stock through its subsidiaries. Geely Automobile Holdings is a publicly listed entity on the Hong Kong Stock Exchange.