China's Geely said on Thursday its premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand - the first big restructuring move in a planned overhaul for the sprawling automotive group.

Zhejiang Geely Holding Group Co. plans to integrate its premium electric vehicle brand Zeekr with its smart car marque Lynk & Co. in a restructuring aimed at eliminating duplication and saving costs,

Geely's ZEEKR to acquire majority stake in Lynk & Co in major restructuring move, forming a new energy vehicle manufacturing group.

Geely is reportedly working to merge the Lynk & Co and Zeekr brands for a more focused approach towards the new energy vehicle market, according to sources cited by Economic Daily. The planned consolidation aims

HONG KONG/SHANGHAI (Reuters) -Chinese premium electric vehicle maker Zeekr will take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the plans said.