China Auto Daily丨 Geely Integrates Zeekr and Lynk & Co

China's NEV Annual Production Surpasses 10 Million

In a significant milestone for the global automotive industry, China has become the first country to surpass an annual production of 10 million new energy vehicles (NEVs). This landmark achievement was reported by the China Association of Automobile Manufacturers, highlighting China's significant lead in the global NEV market.

The widespread adoption and production of NEVs in China are supported by the world’s largest, most comprehensive network of charging infrastructure. This network not only boasts the highest number of charging stations but also offers extensive coverage and services for a variety of vehicles. The infrastructure's expansive reach supports continued growth and adoption of NEVs across the country, solidifying China's position as a global leader in the green automotive market.

Xiaomi Unveils Advanced Intelligent Chassis Technology

Xiaomi launched its pre-research intelligent chassis technology last night. This groundbreaking technology incorporates several core components, including the Xiaomi Fully Active Suspension, Xiaomi Super Four-Motor System, Xiaomi 48V Steer-by-Wire System, and Xiaomi 48V Brake-by-Wire System.

Among its notable features, the Xiaomi intelligent chassis can perform intricate maneuvers such as dancing, executing on-the-spot turns, and performing compass turns. Xiaomi CEO Lei Jun emphasized that the next-generation intelligent chassis would inherently support full autopilot capabilities, leveraging Xiaomi's advanced AI technology for seamless integration and enhanced driving experience.

Geely Integrates Zeekr and Lynk & Co

In a strategic move to optimize its operations and enhance synergy within its brand portfolio, Geely Holding Group announced the restructuring of shares in its subsidiaries Zeekr and Lynk & Co. Geely Automobile's stake in Zeekr will increase to approximately 62.8%. Alongside this, Zeekr will acquire a 51% stake in Lynk & Co, taking over the 30% shares previously held by Volvo.

This integration aims to streamline operations and foster greater collaboration between Zeekr and Lynk & Co, capitalizing on their combined strengths to improve market competitiveness. Both brands are renowned for their innovative approaches and premium offerings in the automotive market, and this restructuring is expected to enhance their collective ability to drive forward in the electric and smart vehicle segments.