China’s Geely moves to take EV startup Zeekr private amid trade war with US

China’s Gilly Auto wants to withdraw its luxurious EV unit Jaker with the New York Stock Exchange a year later OutbreakJaker filing every.

Tech-private offer comes as Trump administration Chinese companies explore by kicking American stock exchanges, part of a broad trade war that has become a tariff between the United States and China.

On Tuesday, Gilly Jacr offered to pay $ 25.66 per US Depository Receipt (ADS), or $ 2.566 per normal share, which was about 14% higher than Jacker’s Monday afternoon, which was priced at the company’s value of $ 6.5 billion. Advertising holders can also choose the newly issued Gili shares of every advertisement to get 12.3.

In addition to excluding potential geo -political chaos, Gilli has to achieve a lot of Gilli from adopting Zicker Private and there is not much to lose. Gilli is already the founder of its founder Lee Shufur, owner of 65.7% of Jaker. This means that to achieve the rest of the Gilli, only about $ 2.2 billion will have to be paid. For this price, Gillie Jaker can help absorb market wounds as soon as EV startups in a competitive market and can protect its investment.

Jaker has not yet been able to report the results of the first-third, but the company has provided a total of 125,250 cars across two brands of Jaker and Link & Co in the first four months of 2025.

Jacker is working with Weemo, an autonomous vehicle company for a construction Robotuxi No organization has confirmed that Gilly accepts the company privately if the company does not confirm that they will have an impact on their work relationship, even if the company has not confirmed the company, even though wemo shared his self-driving system in its Zaker’s car in its Zaker’s vehicle. The benefits of new Arizona The end of this year.