Lotus Technology to acquire Geely’s 51% stake in Lotus UK

On April 16, Lotus Technology (Lotus Tech) announced that Geely International (Hong Kong) Limited had exercised its put option on April 14, 2025, requiring Lotus Tech to acquire Geely’s 51% stake in Lotus Advance Technologies Sdn Bhd (Lotus UK).
Lotus Tech plans to acquire the 51% stake in Lotus UK through a non-cas....

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