Source: | Wednesday, 31.03.2021.| 12:11
Highlight an article Print out the news

Chinese Phone Manufacturer Officially Entering Automotive Industry – Xiaomi to Invest USD 10 Billion in Electric Cars

Illustration (Photo: Smile Fight/
The Chinese mobile phone manufacturer Xiaomi Corp is officially entering the automotive industry with a new smart electric vehicle, the company announces.

Xiaomi will invest around USD 1.52 billion initially, with targeted investments of USD 10 billion in the next 10 years.

The CEO of Xiaomi, Lei Jun, will also manage an electric cars project, the company has announced.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE