
Zhejiang Geely Holding Group, the Chinese automaker that owns Volvo and Lotus, said on Tuesday that it has sealed an agreement with Chinese state-owned high technology firm China Aerospace Science and Industry Corp (CASIC) to jointly develop "supersonic" trains.

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Read 3 Articles for Free with a Basic Account
Gain limited and restricted access to China Money Network.
Register Basic AccountSubscribe for an annual subscription for $359
Enjoy comprehensive and exclusive data you can't find elsewhere!
Subscribe for $359