Car brand Lynk & Co has become part of Zeekr

Chinese auto brand Lynk & Co has become a subsidiary of Zeekr. As a result of integration, Zeekr Technology Group was formed, Autohome reported on February 14, citing the automaker's statement. After the deal was finalized, 51% of Lynk & Co shares were owned by Zeekr and 49% by Geely Auto, whose portfolio includes both brands.

The purpose of the transformation was to optimize the development of new products and prevent internal competition in the Geely group. Thus, in 2025 Zeekr will focus on the development of large premium cars priced from 300 thousand yuan - both electric cars and hybrids. At the same time, Lynk & Co will deal with more budget models priced from 200 thousand yuan.

In 2025, Zeekr and Lynk & Co plan to sell 710,000 cars, introduce five new models and strengthen expansion in the global market. Lynk & Co was formed in 2017 as a result of cooperation between Geely and Volvo, while Zeekr only came from Geely in 2021.

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On the eve of the co-founder of the dealership company Major Mikhail Bakhtiarov said that BYD, Lixiang, Zeekr and others, which are afraid of secondary sanctions, in the case of a number of geopolitical decisions may appear on the Russian market officially.

On January 15, it was reported that the leader of the electric car market in Russia for the second year in a row was the Chinese brand Zeekr, which is not officially represented in Russia. Its market share amounted to almost 43%.