Xiaomi confirms launch of electric car business, to invest $10 billion over next decade
The company's initial investment will be 10 billion yuan ($1.5 billion), with an expected investment of $10 billion over the next 10 years.
Xiaomi reportedly plans to spend $15 billion on electric cars
Xiaomi will invest about 60 percent of the amount envisioned and plans to finance the rest, the person familiar with the matter said.
‘Xiaomi Motors’ trademark registered by another firm even before Xiaomi decides to build cars
Xiaomi has yet to officially announce its intention to start building cars, the trademark for "Xiaomi Motors" has been registered by another company.
Xiaomi exec dismisses report that it’s teaming up with Great Wall to build cars as fake news
Earlier today, it was reported that Xiaomi was in talks with Great Wall Motor to use its factory to build electric cars. In response, a Xiaomi…
Xiaomi reportedly in talks with Great Wall to use its factory to build electric cars
The report said Xiaomi's electric car would target the mass market, in line with the company's overall positioning for electronics.
Xiaomi’s car-making project said to be launched in April at earliest, with positioning similar to Xpeng
Xiaomi Group is fast-tracking its car-making ambitions and is expected to launch the project within 1-2 months at the earliest.
Xiaomi has over 800 auto patent applications
Rumors about Chinese smartphone giant Xiaomi's decision to build cars have attracted widespread attention recently. And in fact, Xiaomi…
Xiaomi clarifies reports that it plans to build electric cars
Chinese smartphone maker Xiaomi has officially clarified, though not explicitly denied, reports of its entry into the car-making industry.
Xiaomi reportedly tweaks organizational structure to pave way for making cars
Xiaomi has made a round of structural changes to its technology system ahead of the Chinese New Year holiday, possibly to pave the way for its…
Xiaomi will start building its own cars, LatePost reports
Chinese smartphone giant Xiaomi has decided it will build its own cars and sees it as a strategic decision, Chinese media outlet LatePost…