Xiaomi officially registers its electric vehicle business and says it has 300 staff

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The name of the subsidiary is Xiaomi EV, Inc. and it has been set up with previously announced registered capital of 10 billion yuan ($1.55 billion).\n

Chinese smartphone giant Xiaomi has officially registered its electric vehicle business and said the division has entered a "substantial development phase."

Xiaomi EV now has 300 employees and the business is led by the group's founder and CEO Lei Jun, the company said.Xiaomi CEO Lei Jun holds a press conference about Xiaomi's new logo and Xiaomi's car building on March 30, 2021 in Beijing, China.has officially registered its electric vehicle business and said the division has entered a "substantial development phase," the company said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

thanks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Electric vehicles and more: UBS picks the green tech stocks set to outperformUBS named its “best investment ideas” across U.S. and global green technology stocks, including electric vehicle, battery and renewable energy companies.
Source: CNBC - 🏆 12. / 72 Read more »