Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy
Green Car Congress
JULY 8, 2015
The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period. Geely’s Englon SC7 sedan was the first methanol-fueled car to receive approval from China’s Ministry of Industry and Information Technology. Zhejiang Geely Holding Group (Geely Group) will invest a total of US$45.5
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