News Snapshot:
Geely officially launches a 4.12b yuan internet satellite project in Qingdao 11:18 AM Photo: Screenshot of Geely account at Toutiao China's automaker Geely has officially launched its internet satellite project in Qingdao, East China's Shandong Province, with an investment of 4.12 billion yuan ($637 million), according to media reports. That would make the Chinese automaker in par with Tesla in the adventure into aerospace. The project is located in the Qingdao Shanghe demonstration zone, with an area of 20,474.3 square meters, according to relevant reports. The management committee of Shanghe demonstration zone signed a contract with Geely Technology Group in...
