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Chinese EV brands Zeekr and Lynk & Co have been reportedly integrating their business operations. Recent media reports revealed that at the time of the merger between Lynk & Co and Zeekr, Polestar also began preparations to merge into Zeekr, but the merger has now been paused. A source close to Geely Holding revealed that […]
Li Shufu, the billionaire who controls one of China’s biggest electric vehicle (EV) makers, is consolidating his business under his Hong Kong-listed flagship Geely Auto. He and his associates will extract more than US$2 billion by selling their stakes in the process. Geely Auto has agreed to buy an 11.3 per cent stake in New […]
The presidential race between Donald Trump and Kamala Harris comes at a time of rising geopolitical tensions on multiple fronts. In the 14th report of an in-depth series, we look at China’s rise in hi-tech manufacturing and the US’ efforts to contain it. After decades spent working around the clock to produce an almost unimaginable […]