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28
Nov
2017
Volvo Cars owner buys US flying car aspirant, targets 2019 launchBy:Creamer Media Senior Deputy Editor AUTO INDUSTRY China’s Zhejiang Geely Holding Group (Geely) will acquire the operations and assets of Terrafugia, a US-based company focused on the engineering and production of flying cars and other future technologies. Geely also owns Lotus and Volvo Cars, and sells taxis under the London Taxi brand.
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