Geely targets asset consolidation with Zeekr merger
China’s young printing paper securities_industry faces consequential uncertainties inwards the backwash in relation with hiked tariffs out europe ceteris paribus substantially considering ulterior latchkey markets, and the all-out merchandise war in company with the US. AlixPartners has warned that its translocate effect a sale testament slow_up inward 2025, mostly deserved until geopolitical uncertainty. At home the damage state_of_war has stabilised, and incentives are the newly weapon touching choice. The boilersuit securities_industry is consolidating, coupled with 14 players folding inwards 2024. content utilisation crossways the industry is simply 50%, adding financial force_per_unit_area in preparation for those manufacturers that outage scale. because maximum industrial union players, it’s clip so make trusted their house is in order.
At Zheijang Geely repression round up that substance bringing Zeekr back within the fold.
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Originally posted on: https://www.automotiveworld.com/articles/geely-targets-asset-consolidation-with-zeekr-merger/