Market & Industry
Geely Holding to launch two satellites by end of 2020
Geely Holding to launch two satellites by end of 2020

Zhejiang Geely Holding Group said on April 24 it will launch two satellites into low orbit by the end of this year, as part of the plan to build its own satellite network that will enable greater navigation for autonomous vehicles.

Apr. 24 , 2020
Geely-backed ride-hailing platform said to test self-driving car-hailing service in second half
Geely-backed ride-hailing platform said to test self-driving car-hailing service in second half

Caocao Mobility, the ride-hailing arm of the Chinese automaker Geely, reportedly attempts to test self-driving ride-hailing service in the second half of the year.

Apr. 24 , 2020
China-built Model 3 accounts for 86% of Tesla models’ China insurance registration in Q1
China-built Model 3 accounts for 86% of Tesla models’ China insurance registration in Q1

During the first quarter of 2020 (Q1), a total of 18,587 consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicle (MLI) for Tesla-branded vehicles, according to the China Insurance Regulatory Commission.

Apr. 24 , 2020
Hainan to move faster on popularizing clean energy vehicles in transport area
Hainan to move faster on popularizing clean energy vehicles in transport area

China's southern island province of Hainan recently urged transport authorities at different levels to continue their efforts on popularizing clean energy vehicles in transportation domain.

Apr. 22 , 2020
FAW Group forms tie-ups with seven companies for digital transition
FAW Group forms tie-ups with seven companies for digital transition

FAW Group forged on April 20 strategic partnerships with seven industry-leading suppliers of digital solutions at one go to speed up the construction of automotive digital ecosyetm.

Apr. 22 , 2020
Geely recruiting rocket chief engineer to boost satellite business
Geely recruiting rocket chief engineer to boost satellite business

Chinese automaker Geely has expanded its line of business into such areas as satellite and aviation equipment, and now seems to tap the rocket field.

Apr. 21 , 2020