Alibaba will launch smart-trucks

Alibaba is working on the production of “smart” trucks. The cars will be equipped with internet technology that will enable trucks to analyze the orders in real time and develop the fastest routes for timely delivery. Alibaba assumes that this technology will reduce costs and energy consumption. The company plans to produce 1 million smart-trucks and at the moment the first trials are held. In case of successful trials, the launch of smart-trucks will have a positive impact on growth of Alibaba shares.

Alibaba shares rose by 5,2% and continue growing. The trade will be available during American session from 14:40 to 21:00 GMT.

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