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Geely: Brands/ Plans Involved in Integration of Intelligent Driving Teams Still in Discussion & Refinement Stage
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In response to market rumors that Geely is undergoing a major integration of its internal intelligent driving companies and teams, with an aim to merge Zeekr (ZK.US) and the intelligent driving team of Geely Automobile Research Institute into "Chongqing Qianli Intelligent Driving (literal translation of "重慶千里智駕")", leaving Geely with only one intelligent driving team, Geely responded that the brands and plans involved in the integration are still under discussion and refinement, and that it will proactively communicate relevant progress to the external world at an appropriate time, according to Chinese media. Chongqing Qianli Intelligent Driving is a joint venture established by Geely, QIANLI TECHNOLOGY (601777.SH) and others. AASTOCKS Financial News Website: www.aastocks.com |
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