Geely, China Aerospace Firm CASIC Join Hands To Develop Supersonic Trains

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Geely and Chinese state-owned high technology firm China Aerospace Science and Industry Corp (CASIC) has inked an agreement on November 6 to jointly develop "supersonic" trains.

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.

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