China’s Alibaba teams up with Tesla rival Xpeng on driverless cars

XPeng is continue to targeted in boosting the sales of its electric vehicles. But it has been focusing on constructing out long run businesses in flying cars and robotics. Qilai…

Alibaba leads $300 million funding of driverless car firm DeepRoute.ai

A Deeproute.ai robotaxi on display. Deeproute.ai GUANGZHOU, China — Alibaba has led investments truly worth more than $300 million into Chinese autonomous driving get started-up DeepRoute.ai. The Shenzhen-centered get started-up…

Daimler expects intense competition if Apple, Alibaba enter car market

LONDON — The chief govt of Germany’s Daimler thinks the automaker will facial area rigid opposition from tech giants like Google, Apple and Alibaba if they determine to start their…