Detroit Electric forms EV venture with China's Geely

Newswire

By Paul Lienert DETROIT, April 25 (Reuters) - Detroit Electric, the Michigan-based startup electric-car maker, said Thursday it will partner with China's Geely Automobile to develop electric cars for the Chinese market. Geely owns Sweden's Volvo Cars and recently withdrew as a potential bidder for Fisker Automotive, the failing California green-car startup. Detroit Electric earlier this month unveiled its own model, a $135,000, battery-powered ...

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