Alibaba's Executive Chairman Jack Ma (center) claps hands on the launch cerenomy of OS'Car, its internet-enabled vehicle jointly developed with SAIC Motor Corp on July 6, 2016 in Hangzhou, Zhejiang province. [Photo/China Daily]
Jack Ma, executive chairman of Alibaba, described the vehicle as a milestone product that marks the beginning of the so-called internet of everything-an era in which everything is connected to everything else via the internet.
"Just like what the smartphone does to our life-about 80 percent of the features of a smartphone are not related to making phone calls anymore. In the future, about 80 percent of the functions of a car will not be related to transportation," said Ma.
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