Tuesday, March 30, 2021
Xiaomi to Invest $10 Billion in New Electric Vehicle Unit Over 10 Years
Xiaomi has announced its entry into the smart electric vehicle (EV) space with an initial investment of CNY 10 billion (roughly Rs. 11,000 crores) in the wholly-owned subsidiary, and a total investment goal of $10 billion (Rs. 73,400 crores) over the next ten years.
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