Xiaomi enters the electric car market: Launches Xiaomi EV Company
https://www.entrepreneur.com/article/383268
The Chinese consumer technology company Xiaomi announced on Wednesday the industrial and commercial registration of its Xiaomi Automobile division and with that its official arrival in the automotive market.
The expansion, which was officially announced in March , will focus on smart electric vehicles and already has 300 employees, according to a press release. Lei Jun , founder, president and CEO of Xiaomi, is the legal representative of Xiaomi EV Company Limited.