Volvo Owner Geely Just Bought An Electric Flying Car Company

By Mark Kane The Zhejiang Geely Holding Group (owner of Volvo Cars) has acquired Terrafugia, a US-based developer of flying cars. Why? Who knows – perhaps it has too much loose money in its sofas. Since its inception in 2006, Terrafugia has demonstrated internal-combustion engine prototypes, which are a combination of car …read more