HANGZHOU, March 4 (Xinhua) — Geely Holding Group announced Wednesday that it has begun construction on an intelligent satellite production and testing center, making it the first private carmaker to produce satellites in China.
The new facility is being built by Geely Holding Group's subsidiary, Geely Technology Group, in Taizhou, east China's Zhejiang province.
The cutting-edge facility will include a modular satellite manufacturing center, a satellite testing center, a satellite R&D center and a cloud computing center. It will be able to develop and produce a variety of different satellite models.
The satellite strategy will be implemented by Geespace, a Geely-run company established in 2018 for the development, launch and operation of low-orbit satellites.
By the end of 2020, Geespace will begin the launch of its commercial low-orbit satellite network that will facilitate highly accurate navigation for self-driving cars.
Li Shufu, chairman of Geely Holding Group, said: “T..
Category: Newswire
SKF Annual Report 2019 Published
GÖTEBORG, Sweden, March 4, 2020 /PRNewswire/ — AB SKF’s Annual Report 2019 has today been published on the Group’s website. The report focuses on SKF’s operations and value creation for customers, employees, shareholders, the environment and surrounding communities. Sustainability is embedded in SKF’s business and is an integrated part of the Annual Report. The report… Continue reading SKF Annual Report 2019 Published
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Some Chinese consumers noticed the hardware in their newly delivered Tesla Model 3 vehicles was inconsistent with their orders. Tesla China responded that the Hardware 2.5 version was installed in some vehicles instead of the promised Hardware 3.0 version.
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