Posted inChina

China’s Internet firms eye electric car market

China’s top-ranked Internet companies, including Baidu, Alibaba and Tencent, also known as BAT, are busy parking their money in the electric car industry, in order to gain access to smart cars, Yicai.com reported. For example, NIO, the Chinese smart car start-up which has received the largest amount of financing so far, has 56 investors, including […]