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Data from the Aiqicha App reveals that Hubei Geely Terrafugia Co., Ltd. has recently finalized alterations to its industrial and commercial registration. The company's registered capital has surged from 90 million yuan to 795 million yuan, marking an impressive approximate increase of 783%. Founded in September 2018, the firm is helmed by legal representative Chen Shengjie. Its operational purview encompasses the research and development, manufacturing, marketing, after-sales support, and technical advisory services for flying cars and their components, aircraft and related parts, flight simulators, drones and their accessories, as well as aviation gear. Shareholder details confirm that the entity is a fully-owned subsidiary of Geely Technology Group Co., Ltd.
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