Zhejiang Geely Holding Group will launch two low-orbit satellites in the second half of the year to provide high-precision positioning services and assist fleet management and new mobility services.
Geespace, Geely’s space technology company created in 2018, developed the two satellites.
They will undergo final validation testing in June and then be shipped to a satellite launch site in Northwest China for deployment, Geely Group said.
The satellites can provide centimeter-accurate positioning and enable a satellite-based artificial intelligence cloud platform to optimize fleet management and new mobility services, including ride-hailing and ride-sharing management and autonomous driving.
The cloud platform can also be used to support remote monitoring, control and maintenance of manufacturing equipment, unmanned drone flights and urban management, according to Geely Group.
Geely Group, a private Chinese company, owns Geely Automobile Holdings -- the largest domestic Chinese carmaker -- Swedish car manufacturer Volvo Car Corp. and U.K. electric vehicle maker London Electric Vehicle Co., previously known as London Taxi Co.