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03-03-2020, 07:44 PM
Filed under: Plants/Manufacturing (https://www.autoblog.com/category/plants-manufacturing/),Mercedes-Benz (https://www.autoblog.com/mercedes-benz),Volvo (https://www.autoblog.com/volvo),Emerging Technologies (https://www.autoblog.com/category/emerging-technologies/),Autonomous (https://www.autoblog.com/category/autonomous/)
https://o.aolcdn.com/images/dims3/GLOB/crop/3000x1688+0+233/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-03/ba276110-5db8-11ea-9b6d-1e6beb46ef96 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 (https://www.autoblog.com/2020/03/03/geely-to-launch-satellites-autonomous-cars/)
Geely plans to launch hundreds of satellites to guide autonomous cars (https://www.autoblog.com/2020/03/03/geely-to-launch-satellites-autonomous-cars/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 3 Mar 2020 20:00:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).


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