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November 15, 2017

Zhejiang Geely Holding Group Completes Acquisition Of Terrafugia

U.S.-Based Engineering Team Already Expanded Considerably In Anticipation Of Takeover

Zhejiang Geely Holding Group (‘Geely Holding’) has entered into an agreement with Terrafugia Inc, a U.S.-based company focused on the innovation, engineering and production of flying cars and future technologies, to acquire its operations and assets in their entirety.

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