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Geely to become an important new shareholder Volvo Cars plans to reduce its stake in Polestar Motors
On February 1st, Volvo announced that it is evaluating its equity adjustment in Polestar. "As Volvo Cars undergoes its next phase of transformation, including technological innovation and future suit ... -
Volvo's stock price once soared by over 30% and will stop providing funding to Polestar Motors
On Thursday, February 1st local time, the stock price of Swedish automaker Volvo soared by over 30%. The company had previously announced its fourth quarter 2023 results and announced that it would s ... -
Unable to move or returning to rationality? After BBA withdrew from the price war, multiple brands such as NIO and Volvo reduced their discount rates
After luxury car brands such as BMW, Mercedes Benz, and Audi (referred to as "BBA") withdrew from the "price war", car companies such as NIO, Toyota, Volkswagen, and Volvo also reported a reduction i ... -
Insiders: Jike plans to acquire a majority stake in Lynk&Co, a sister brand of Geely and Volvo
According to two informed sources, Jike plans to hold a controlling stake in Lynk&Co, the sister brand of Geely and Volvo Cars. According to sources, Jike will acquire a 30% stake in Lynk&Co from Vol ... -
Volvo Cars sells 30% stake in GAC Motor to Jike for a consideration of 5.4 billion yuan
Beijing Business Daily News (Reporter Liu Xiaomeng) On November 14th, Volvo announced the transfer of its 30% stake in Lynk&Co to Jike Motors for a consideration of 5.4 billion yuan (approximately 8 ... -
【 Caiwen Lianbo 】 Volvo withdraws from Jike and will take control of Lynk&Co! LG New Energy denies large-scale layoffs at Nanjing factory
★ Macro dynamics ★ The US reportedly requested TSMC to implement export restrictions on 7-nanometer AI chips, and the Ministry of Commerce responded On November 14th, the Ministry of Commerce held ...