Geely Automobile has announced plans to privatize Zeekr by acquiring all outstanding shares and American Depositary Shares (ADS) at a price of $2.57 per share or $25.66 per ADS, marking a 13.6% premium over the closing price on the last trading day. Upon completion of this transaction, Zeekr will be delisted and fully integrated into Geely. Li Shufu, Chairman of Geely Holding Group, emphasized that the company remains committed to driving the integration of its automotive businesses, with the ultimate goal of establishing a globally renowned smart electric vehicle conglomerate.

In 2024, Geely consolidated its subsidiary holdings, with Zeekr assuming control of Lynk & Co., solidifying a dual-brand strategy. That same year, Zeekr Technology Group reported total revenue of 113.89 billion yuan and sold over 500,000 vehicles. The company has ambitious plans to reach an annual sales target of 710,000 vehicles by 2025 and aims to become a leading high-end luxury new energy vehicle group with annual sales exceeding one million vehicles by 2026.