Taizhou, Zhejiang 4th most populous, and the 4th largest industrial prefecture-level city in Zhejiang Province . Chinese automotive manufacturing company Geely was founded in Taizhou which completes its acquisition of Volvo Cars in 2010, is one of China’s top ten auto manufacturers. Chinese auto parts manufacturer based Yuanhuan was one of China auto parts manufacturer based,here can produce all auto parts for vehicles. The largest HVAC fan company Yilida is also located in Taizhou. It is listed on Shenzhen Stock Exchange (Stock #002686) and has acquired Fulihua fan company in Suzhou in 2012. Taizhou is also one of the most important Mandarin,
PROTON Holdings the new Ertiga on 24 November. The launch of four new Proton models within the span of six months was unprecedented in the company's history. Masazumi Ogawa was recruited as the director of quality control in Proton. On 24 May 2017, parent company DRB-HICOM announced plans to sell a 49.9% stake in Proton to Zhejiang Geely Automobile Holdings. Eventually, DRB-HICOM also sold 51% controlling-stake in Lotus to Geely, and the remaining 49% stake to Etika Automotive. The definitive agreement was in July 2017. Proton had owned Lotus since 1996, and largely struggled to turn the fortunes of the sports car