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Business / Technology

Alibaba, SAIC to soon roll out their internet car at $22,250

By Meng Jing in Hangzhou (China Daily) Updated: 2016-07-07 08:07

Alibaba, SAIC to soon roll out their internet car at $22,250

Alibaba's new internet-enabled vehicle equipped with the e-commerce giant's YunOS operating system. [Photo/VCG]
Among China's major tech companies, Alibaba is considered to be an early bird in terms of launching an internet car that is ready for sale. But its rivals, such as Baidu Inc and Le Holdings Co are focusing on self-driving technology.

Baidu plans for its cars go into mass production in five years, Le Holdings, known for its smart TV and smartphone products, in April released its first concept self-driving electronic car－28 months after the company decided to enter the industry.

 

 

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