China is likely to become the next leader in new energy vehicles, said Ian Zhu, a partner at NIO Capital, founded by NextEV and VC firms. Zhu spoke at a panel called “The Car the Internet Made” during TechCrunch Shenzhen; he pinpointed some of the advantages of the Chinese electric vehicle market such as motor […]
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China’s Internet Giants Back A Smartphone On Four Wheels
Baidu earned a neat three percent bump in stock prices on Thursday after they recorder higher-than-expected revenues. One project that they’ll be spending the cash on is their driverless car unit, a research and development effort spanning between the U.S. and China. “We believe that the automobile is the next major computing platform,” said CEO Robin Li during […]
We’re Shortening Development By Two Years: LeAutoLink CTO On LeEco, Aston Martin Super Car [Q&A]
Speculation over the LeEco-backed Aston Martin electric super car has been building since the two companies announced in January their intention to release the vehicle by 2018. While the US has led the development of connected, autonomous and electric vehicles, China is playing a hasty catchup game, backed by the country’s cashed-up tech giants. According to Rao […]