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Geely leading China bids for U.S. green-car startup Fisker: sources

Mon, 02/18/2013 - 12:25am
Reuters

BEIJING (Reuters) - China's Zhejiang Geely Holding Group is favoured to secure a majority stake in troubled U.S. electric car maker Fisker Automotive, according to two sources familiar with Fisker's search for a strategic investor or partner.

Fisker, the Anaheim-based plug-in hybrid maker, is currently weighing bids from two Chinese auto makers: Geely, the owner of Sweden's Volvo, and state-owned Dongfeng Motor Group Co..

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