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Geely to start making satellites

Geely to start making satellites
By LI FUSHENG |
China Daily |
Updated: 2021-02-19 09:07
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Geely employees work on an assembly line in Linhai, Zhejiang province. [Photo/Xinhua]
Zhejiang Geely Holding Group will start producing satellites by October this year to offer better positioning and navigation for the vehicles it produces and to take on Tesla owner Elon Musk in terms of satellite-based internet services.
A plant in Taizhou, Zhejiang province, has won the approval from the authorities, said its subsidiary Geely Technology in a statement on Thursday, without disclosing the investment amount. It said production is expected to commence eight months from now as the first piece of equipment has entered the plant, and up to 500 satellites could be produced a year for various commercial operations. ....

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