Geely is spending $4.6 billion on a battery plant as its electric car ambitions grow

Geely will pour nearly $5 billion into building an electric battery plant in China, as the country’s top privately-owned carmaker moves more aggressively to bolster its electric vehicle ambitions in the world’s largest market.Geely will pour nearly $5 billion into building an electric battery plant in China, as the country’s top privately-owned carmaker moves more aggressively to bolster its electric vehicle ambitions in the world’s largest market.