An investment firm with high stakes in media, technology, and electric cars (Tesla and Nio), is reportedly about to dive into the self-driving race.
The NIO ES8 will begin its reign in China in 2018 to take on Tesla in the luxury electric self-driving SUV market. Plans for the U.S. begin around 2020.
Tesla Inc. said that Chinese tech giant Tencent Holdings has invested $1.78 billion in the electric carmaker, a 5 percent stake.
As rumors swirl that Apple might be developing an electric car one of its major suppliers, Foxconn Technology Group, is moving ahead with its own plans to bring...