China's Alibaba Puts Internet In Cars, Plans To Take Drivers Out "You'll quickly see driverless car technology resulting from this platform." - CTO, Alibaba

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Reuters

Chinese tech firm Alibaba's internet-connected car will set the Chinese e-commerce giant up to quickly introduce driverless vehicle technology, Chief Technology Officer Wang Jian told Reuters on Wednesday.

Alibaba and the country's largest automaker SAIC Motor Corp demonstrated their jointly developed car equipped with the YunOS operating system, which can link up with smart phones, at an event in eastern China's Hangzhou on Wednesday. The car is slated to go on sale later this year.

"You'll quickly see driverless car technology resulting from this platform," Wang said on the sidelines of the event.

Among major tech companies, Alibaba is relatively late to offer a platform that can link a smart phone to a car, trailing platforms already launched by Alphabet's Google, Apple and Baidu.

But the race to commercialize driverless cars is far from over with experts predicting that a fully autonomous car will not hit the market until 2020 or later.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

No Outsourcing, No Shortcuts: The Rise of One of the World's Most Self-Reliant Business Groups

Nowhere is this more evident than in sectors like agriculture, logistics, and manufacturing industries, where the journey from raw material to finished product spans vast networks and countless hands.

Finance

Flipkart-Walmart deal: End of an Era

Tracing the journey of the once poster boy of Indian start-up ecosystem

News and Trends

Cyprus-based Maritime Companies Announce FDI of ₹10,000 Cr for the Indian Shipping Sector

The FDI is marked as the largest ever in the Indian shipping sector since this sector was opened to 100% FDI in the year 2005.

Leadership

Jon Taffer Teamed Up With This $300 Million Franchise Company to Build Something Bigger Than Restaurants

Taffer, known for his role in 'Bar Rescue,' teamed up with Craveworthy Brands to expand his concept, Taffer's Tavern.

Starting a Business

'Absolute Freedom': Siblings Behind a Self-Funded 8-Figure Brand Reveal 3 Secrets Aspiring Entrepreneurs Should Know About Growth and Success

Rae and David Liu leveraged their complementary skill sets to start a business that's been profitable every year since launch.