This article originally appeared on ABACUS Geely is now China’s first carmaker to announce plans to build its own satellites. The company said on Tuesday that it’s investing 2.27 billion yuan (US$325 million) to develop low-Earth orbit satellites that will provide high-speed internet and navigation for its self-driving cars. The facilities for building its satellites will be in Taizhou, Zhejiang province, the company said. It aims to launch two satellites by the end of this year. But Geely might not be able to get a constellation of satellites up in the short term, as priority might be given to China’s state-supported satellite launches, according to Financial Times . China is planning to accelerate the development of its three major low-Earth orbit satellite programs: Hongyan, Hongyun and Xingyun. Purchase the China AI Report 2020 brought to you by SCMP Research and enjoy a 20% discount (original price US$400). This 60-page all new intelligence report gives you first-hand insights and analysis into the latest industry developments and intelligence about China AI. Get exclusive access to our webinars for continuous learning, and interact with China AI executives in live Q&A. Offer valid until 31 March 2020.