Xiaomi enters the smart electric car market

Xiaomi has officially announced its entry into the electric vehicle market.

The Chinese manufacturer posted a letter on social media in which he said he plans to invest $10 billion in the industry over the next 10 years. The company promised to tell more details about this today at the presentation at 14:30. You can watch the online broadcast on the manufacturer’s official YouTube channel.

By the way, according to rumors, the Chinese company Great Wall will be Xiaomi’s partner in this market. It is at its facilities that they want to produce and develop the first smart electric car.

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Author: John Kessler
Graduated From the Massachusetts Institute of Technology. Previously, worked in various little-known media. Currently is an expert, editor and developer of Free News.
Function: Director

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