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Geely Auto: Entered into a non-binding memorandum of understanding with Volvo Car
People’s Finance News, March 30—Geely Automobile announced on the Hong Kong Stock Exchange that the company, through its indirect wholly owned subsidiary, has entered into a non-binding memorandum of understanding with Volvo Car Corporation (referred to as “Volvo Car”). Under the memorandum of understanding, Volvo Car will be responsible for regional operations for the Lynk & Co brand in Europe, including but not limited to marketing, sales, and after-sales service, to accelerate the scalable growth of Lynk & Co in the European market. It is recommended to arrange coverage across several major European markets, including Germany, France, Spain, and Italy.