Tag: acquire

SERES to acquire 10% stake in Huawei’s Yinwang

SERES Group and Huawei Strengthen Strategic Partnership In a significant move, Chinese automaker SERES Group and ICT giant…

Geely Automobile to acquire full ownership of Zeekr in push to consolidate NEV business

Geely Automobile Holdings Limited recently announced its plans to acquire full ownership of Zeekr Intelligent Technology Holding Limited,…

Lotus Technology to acquire stake in Lotus UK

Lotus Technology, a subsidiary of Geely, has recently exercised its put option to acquire a 51% equity interest…

Scania to acquire Northvolt’s heavy industry battery packs unit

Scania, a subsidiary of Volkswagen specializing in truck manufacturing, has recently announced its acquisition of the Industrial Division…

Infomedia to acquire 50% of Intellegam to enhance AI solutionsĀ 

Infomedia, an Australian automotive technology firm, has recently announced its agreement to acquire a 50% stake in the…

American Axle & Manufacturing signs $1.44bn deal to acquire Dowlais

American Axle & Manufacturing (AAM) has announced a significant acquisition deal with UK-based car parts maker Dowlais Group.…

Zeekr unveils series of deals that will see it acquire 51% of Lynk & Co

Zeekr, a leading electric vehicle (EV) company listed on the NYSE under the ticker symbol ZK, recently made…