Geely Group Acquires Emerald Automotive

Chinese automaker Geely Group has acquired British electric-vehicle startup Emerald Automotive that plans to manufacture electric vans in Hazelwood, MO. Geely Group, which owns brands including Geely Auto, Volvo Cars and the London Taxi Company, announced plans to invest a minimum of $200 million over the next five years in the development of sustainable, electric vehicles for the global market […]