Li Shufu, chairman of Zhejiang Geely Holding Group, says the Chinese car company’s foray in the satellite industry forms part of efforts to become a global technology leader. Photo: AP
Li Shufu, chairman of Zhejiang Geely Holding Group, says the Chinese car company’s foray in the satellite industry forms part of efforts to become a global technology leader. Photo: AP
Geely
Tech /  Big Tech

Geely chairman Li Shufu starts satellite venture to rival Elon Musk’s SpaceX

  • The move makes Geely, owner of Volvo Cars, the first private company in China to build satellites

Bloomberg
Bloomberg

Updated: 7:32pm, 3 Mar, 2020

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Li Shufu, chairman of Zhejiang Geely Holding Group, says the Chinese car company’s foray in the satellite industry forms part of efforts to become a global technology leader. Photo: AP
Li Shufu, chairman of Zhejiang Geely Holding Group, says the Chinese car company’s foray in the satellite industry forms part of efforts to become a global technology leader. Photo: AP
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