Alibaba's new internet-connected car can pay for gas and control your home appliances

Alibaba has been working on an internet-connected car for the past year, and just unveiled the project's first model.

The internet giant on Wednesday showed off its new SUV, the Roewe RX5, that it built along with state-owned automotive manufacturer SAIC (formerly the Shanghai Automotive Industry Corporation).

The new car, which is set to deliver in August and is already up for pre-order, will run a smart dashboard based on Alibaba's YunOS software that already powers phones and tablets from other makers along with a host of other appliances like refrigerators and air conditioners. Read more...