Geely Automobile Gobbles Up Zeekr in Chinese EV Power Grab
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 15 2025
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Source: TipRanks
Zeekr's Acquisition by Geely: Zeekr, the Chinese EV brand, is being acquired by its parent company Geely for $2.687 per share or 1.23 shares of Geely stock, providing shareholders with options for cash or stock exchange amidst a competitive EV market.
Strategic Benefits for Geely: The merger aims to streamline Geely's EV portfolio and reduce public-market overhead, allowing for cost consolidation and faster scaling while enhancing operational stability for Zeekr under Geely's established brand identity.
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About PSNY
POLESTAR AUTOMOTIVE HOLDING UK PLC (Polestar) is a Swedish-based electric vehicle manufacturer. Company's portfolio includes Polestar 1, Polestar 2, Polestar 3, Polestar 4 and Polestar 5. Polestar products are currently available on markets across Europe, North America, China and Asia Pacific. Polestar cars are currently manufactured in two facilities in China. Polestar produces electric cars to reduce gas emmisions and develop new technologies to further minimize the carbon footprint.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
