https://qz.com/1128857/chinese-company-geely-is-buying-up-london-taxis-luxury-sports-vehicles-and-flying-cars/

On the growing list of Chinese acquisitions of US-based companies, one recent deal reads like something from a science fiction novel. Geely, an automaker from Hangzhou, China, announced on Nov. 13 it had snapped up Terrafugia, a Massachusetts-based startup building a “flying car.”

Average consumers likely haven’t heard of either of these companies. But it’s quite possible they will be hearing more from at least one of them in the future. Geely’s purchase of Terrafugia is merely the latest in a string of purchases the Chinese company has made overseas. And it shows how the little-known car maker is worth watching, as new tech giants and legacy brands compete for dominance in the automotive industry’s next wave.