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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

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million in Carbon Recycling International (CRI). CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. Renewable methanol is also a low-carbon feedstock for production of synthetic materials. —Li Shufu, Chairman of Geely Group.

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