China's Top Carmaker to Set Up Aerospace Company in Guangzhou

By Ryan Gandolfo, April 8, 2021

1 0

One of China’s biggest automobile manufacturers also has big ambitions for space.

Zhejiang-based Geely Holding Group announced in late March that it will establish a commercial aerospace company in Guangzhou’s southern district of Nansha.

The local government said the new company will be set up to develop its satellite ad communications technologies, as cited by Reuters.

Geely is in the process of building low-orbit satellites to deliver quick software updates to its vehicles via high-speed connectivity. Its vehicles are expected to have more functions created to connect to their satellite network by 2025.

READ MORE: We Spoke to a Prominent Car Designer About Appealing to the Chinese Market

Geely, which owns Volvo Cars and has a stake in Daimler AG, will name its new company Shikong Tansuo and will be a part of a larger ‘space cluster’ in Nansha district.

The automaker is positioning its space business to assist in the rollout of self-driving cars by developing a low Earth orbit constellation for navigation, connectivity and communications, according to Space News.

Geely vehicles. Image via Geely

Guangzhou has become a pilot city for autonomous vehicles in recent years. WeRide recently announced that its Robotaxi fleet will be opening up in Guangzhou’s Haizhu district – a much more urban area compared to its operations in Huangpu district.

Geely saw a 32% decrease in net profit in 2020, as auto sales were impacted by the pandemic. The company is preparing to launch a new electric vehicle brand called Zeekr – a joint venture with its parent company.

READ MORE: How China's Mobility Companies Can Mitigate Disease Outbreaks

[Cover image via Space News h/t Geely]

more news

China Sets New Record Sending 22 Satellites Into Space

China launched a Long March-8 rocket into space with the aim of placing 22 satellites and building their own space station.

This Day in History: China’s First Man in Space

On this day in 2003, Yang Liwei endured a 21-and-a-half-hour flight, completing 14 orbits of the Earth

Robotaxis Reach Guangzhou's Popular Urban Areas

Big recent announcements by autonomous driving companies WeRide and AutoX.

How to Make Space for a Relationship in China

Date Night China podcast discusses new relationships and navigating past the 'honeymoon' period in China.

China Publishes First Robotaxi Passenger Survey Report

Nearly 30% of the surveyed WeRide robotaxi passengers are loyal riders who use the service at least once a week.

AutoX COO Jewel Li Talks Benefits of Robotaxis in China

COO Jewel Li shares how AutoX selects vehicle models for self-driving cars and impact of robotaxi on grocery delivery.

We Spoke to a Prominent Car Designer About Appealing to the Chinese Market

Burgoyne talks the art of car design, appealing to the local market and Geely’s recently released ICON model.

You Can Now Hail a Robo-Taxi in Guangzhou Using This App

Using the WeRide Go app, people in Guangzhou are able to hail a WeRide robo-taxi in Guangzhou's eastern districts.

0 User Comments

In Case You Missed It…

We're on WeChat!

Scan our QR Code at right or follow us at ThatsGuangzhou for events, guides, giveaways and much more!

7 Days in Guangzhou With

Weekly updates to your email inbox every Wednesday


Download previous issues

Never miss an issue of That's !

Visit the archives