Volvo Cars Sells 30% Stake in Lynk & Co to Zeekr for RMB 5.4 Billion
Volvo Cars has announced the sale of its 30% stake in Lynk & Co to Zeekr, a move that marks a significant shift in the company’s investment strategy. The divestment, valued at RMB 5.4 billion (approximately SEK 8 billion), reflects Lynk & Co’s transition into a new phase of development with an updated ownership structure. … Read more