Geely acquiring flying car startup Terrafugia
Green Car Congress
NOVEMBER 14, 2017
Zhejiang Geely Holding Group has entered into an agreement to acquire Terrafugia, a US-based company developing practical flying cars.Terrafugia was founded in 2006 by five MIT graduates; since then, the company has delivered a number of working prototypes. —Zhejiang Geely Holding Group Founder and Chairman Li Shufu.
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