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Geely to start making satellites By LI FUSHENG | China Daily | Updated: 2021-02-19 09:07 Share 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. ....
(2) The Joint Venture will allow Geely and Concordium to offer businesses and customers access to new blockchain platform-based business models and user DApps for all industries, including the automotive segment. The JV marks a new era of collaboration, using Concordium s strong cryptographic, safe, non-permission based Blockchain with ID at the protocol level and Geely s technological leadership and implementation power in the Chinese market. HANGZHOU, CHINA & ZUG, SWITZERLAND / ACCESSWIRE / February 19, 2021 / The Concordium Foundation (Concordium) and the Geely Holding Group (Geely) have signed a Joint Venture agreement. The joint venture will use Concordium s Blockchain Technology to become a leading Blockchain Technology- and Service Provider in China. ....
China s Geely plans to set up a firm to explore new approaches to product planning, marketing and sales of electric vehicles , sources said, departing from industry convention whereby EVs are. | February 23, 2021 ....
China's search engine giant Baidu and automaker Geely have hired Mobike co-founder and former chief technology officer Xia Yiping as CEO of their new electric vehicle venture, according to two people with knowledge of the matter. Baidu last month announced it would set up a company with Zhejiang Geely Holding Group to leverage its intelligent driving capabilities and Geely's car manufacturing expertise. On Thursday, Baidu CEO Robin Li said they had appointed a CEO for the venture, without disclosing the name. ....
Baidu has appointed a chief executive officer and decided on a brand for its electric vehicle (EV) venture with Zhejiang Geely Holding Group, the Chinese search engine giant said on Thursday. ....