Geely said to buy shares in Daimler in bid for EV alliance

By:

Edward Taylor and Norihiko Shirouzu

February 06, 2018 05:00 AM

FRANKFURT/BEIJING -- Zhejiang Geely Holding Group has bought shares in Daimler, two people familiar with the matter told Reuters, as the Chinese owner of Volvo Cars seeks to strike an alliance for electric cars technology.

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