SHARE THIS ARTICLE

Not Dongfeng, but China’s Geely currently looks best positioned to prtofity form U.S. government largesse by buying beleaguered and DOE,-funded plug-in car maker Fisker, Reuters reports. According to the report, “Zhejiang Geely Holding Group is favored to secure a majority stake in troubled U.S. electric car maker Fisker Automotive, according to two sources familiar with Fisker’s search for a strategic investor or partner.”

Also according to the report, red flags are sure to flutter over Fisker’s HQ in Anaheim, as Fisker “is currently weighing bids from two Chinese auto makers: Geely, the owner of Sweden’s Volvo, and state-owned Dongfeng Motor Group Co.”




Read Article


A123 Battery Production  May Not Resume Until Fisker Is Safely In Chinese Hands

About the Author

Agent009