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flag Geely, China's second-largest carmaker, plans to fully acquire its EV subsidiary Zeekr for about $6.5 billion.

flag Geely, China's second-largest auto manufacturer, plans to acquire full control of its electric vehicle (EV) subsidiary, Zeekr, valued at about $6.5 billion. flag Geely already owns 65.7% of Zeekr and has proposed buying the remaining shares for $2.24 billion. flag This move aims to consolidate Geely's operations and strengthen its position in the EV market. flag The acquisition comes amid tensions over Chinese companies listed on U.S. exchanges.

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