China’s Geely to Privatize Luxury EV Startup Zeekr

China’s Geely Auto is taking its luxury EV subsidiary Zeekr private, offering shareholders $2.69 in cash per share or 1.23 newly issued Geely shares. The merger is expected to close in the fourth quarter of 2025, raising questions about the impact on Zeekr’s partnership with Waymo. Stay tuned for updates.

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