Source: South China Morning PostHuawei Technologies Co will invest US$1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla Inc and Xiaomi Corp in the world’s biggest vehicle arena.Huawei’s autonomous-driving technology has already surpassed Tesla’s in some spheres, for instance by allowing cars to cruise for more than 1,000 kilometres (621 miles) without human intervention, rotating chairman Eric Xu told analysts in Shenzhen Monday.The Chinese telecoms giant will…Read More