Report: Terrafugia Sold To Chinese Conglomerate
Zhejiang Geely Holding Group, a Chinese conglomerate that owns the Volvo and Lotus automobile brands, has agreed to buy the Terrafugia flying-car company, according to a report in the South China Morning Post. The XConomy Boston website also reported on the sale, saying they have “independently been tracking rumors about the acquisition.” Terrafugia CEO Carl […]