Monday, March 23, 2015

Apple's largest parts supplier has a new partner for its $15,000 electric car


China's tech companies are suddenly very interested in building a better car. Tencent, the company behind the popular WeChat chat app, announced today that it will be partnering with Foxconn for a forthcoming $15,000 "smart vehicle." Tencent will be providing technology services, although it's still unclear how automated the final product will be. It's not the only mysterious car project to come out of the Chinese tech industry this week: on Sunday, Chinese search giant Baidu pledged to launch a self-driving car within the year, following in the footsteps of the autonomous Google prototype revealed in December.


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