Owner of Volvo. Owner of the London Taxi brand. Owner of the new Lynk & Co. car brand. Now Geely is the owner of Terrafugia; an American flying car company that envisions an airborne model appearing to the market in 2019.
Volvo seems to have set a precedent. The Swedish luxury marque announced plans for all of its future cars to feature some sort of electrification, whether it be a dedicated battery-electric or a plug-in hybrid powertrain. Now, Fiat-Chrysler CEO Sergio Marchionne has announced a similar initiative for Maserati.