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Geely buys British electric car research company Emeraldautomotive
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Geely has once again acquired Emeraldautomotive, a research firm in British electric cars, after Geely held its bid to buy British manganese-holding business and core assets by 11.04 million pounds in the 0 cash/0 debt model this February 1. It is reported that the acquisition is the overall acquisition, including the other party's team, technology, fixed assets and so on. Geely, after acquiring Emerald, allowed to keep the latter's loan commitments, including the loan commitments related to the proposed plant. Geely Holdings PR director Yang Coliang said the acquisition of the electric vehicle research company is to help Geely ...

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