Black taxi maker LTI sold to Chinese firm Geely - BBC News - BBC NewsBlack taxi maker LTI sold to Chinese firm GeelyBBC NewsThe Coventry based black taxi manufacturer LTI has been sold to the Chinese car maker Geely for £11.4m. LTI went into administration in October with 99 out of its 176 staff losing their jo... Article by (c) china - Google News -... - http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNE1y8hp5DJgiAqb21K94oE4cImxXAurl=http://www.bbc.co.uk/n
Chinese Companies Are Now Investing in Flying Car Technology A photo from the sale of Terrafugia to Geely. A Chinese automotive company has acquired one of the most innovative flying car companies. Terrafugia / Twitter Skift Take: While places like Dubai have spurred the most innovation so far the path to mainstream flying car adoption may well run through China if its government and companies continue to invest in the sector. Andrew Sheivachman For nearly two decades Shanghais spindly…
The Boyue is the first Geely nameplate to sell over 30.000 units in a single month. * See the Top 77 All China-made brands and Top 443 models by clicking on the title * The Chinese new vehicle market edges up 2% year-on-year in October to 2.704.000 but passenger cars are up just 0.4% to 2.352.
The Chinese company that owns Volvo just bought the most famous flying-car company in the world
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China's Geely buys Terrafugia promises first US flying car by 2019
Terrafugia, which has been working on developing a flying car since 2006, has been acquired by the Zhejiang Geely Holding Group of China.