World’s largest games publisher and most indebted real estate developer form venture to develop operating system for smart vehicles

//World’s largest games publisher and most indebted real estate developer form venture to develop operating system for smart vehicles

World’s largest games publisher and most indebted real estate developer form venture to develop operating system for smart vehicles

China Evergrande and Tencent Holdings have agreed to set up a company to develop an operating system for smart vehicles, as competition heats up amid Beijing’s push to accelerate the roll-out of automobiles that run on non-fossil fuels and artificial intelligence.An electric vehicle unit of Evergrande, the largest Chinese real estate developer by sales, and the most indebted builder, will own 60 per cent of China Evergrande New Energy Vehicle Group, while Tencent’s unit Beijing Tinnove…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2021-03-15T13:00:24+00:00 March 15th, 2021|Technology|Comments Off on World’s largest games publisher and most indebted real estate developer form venture to develop operating system for smart vehicles