Geely is aiming to become the first Chinese carmaker to design and build satellites to support its autonomous driving programme. Geely Group will invest Rmb2.27 bn in a new development centre and factory to manufacture satellites this year, the company said recently. The centre will design, test and manufacture low-orbit communication satellites, which will be purpose-built to improve geolocation of vehicles and to support their connected functions, Geely said. (by Financial Times)
Comment:
In the fierce market competition, Geely has launched many new products through technological innovation and IP strategy. The satellite program represents the company's commitment to innovation.
(Editor Dou YiKe)
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