After announcing in April plans to expand into manufacturing electric vehicles, Xiaomi, the world's second biggest manufacturer of smartphones, on September 1 established the new car division Xiaomi EV with a committed investment of $10 billion over ten years. Part of those funds will go toward construction of a plant with a capacity of 300,000...After announcing in April plans to expand into manufacturing electric vehicles, Xiaomi, the world's second biggest manufacturer of smartphones, on September 1 established the new car division Xiaomi EV with a committed investment of $10 billion over ten years. Part of those funds will go toward construction of a plant with a capacity of 300,000...
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