Filed under: Plants/Manufacturing,Mercedes-Benz,Volvo,Emerging Technologies,Autonomous
China's Zhejiang Geely Holding Group said on Tuesday it was investing 2.27 billion yuan ($326 million) in a new satellite manufacturing plant, where it plans to build low-orbit satellites to provide more accurate data for self-driving cars. Geely, one of China's most internationally-known companies due to its investments in Daimler, Volvo and Proton, is building the facilities in Taizhou, where it has car plants. It aims to produce 500 satellites a year by around 2025, with around 300 highly-
Continue reading Geely plans to launch hundreds of satellites to guide autonomous cars
Geely plans to launch hundreds of satellites to guide autonomous cars originally appeared on Autoblog on Tue, 3 Mar 2020 20:00:00 EST. Please see our terms for use of feeds.
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