Xiaomi will set up an electric car subsidiary with a $10 billion investment over the next 10 years
March 30, 2021
Xiaomi’s Mega Launch proved so long that it had to be split into two – Part 1 yesterday brought several Mi 11 and we expected that Part 2 today will bring the company’s first foldable. It could be much more than that, Xiaomi just announced that it is getting into the electric car business.
It posted an announcement that it will invest an estimated $10 billion over the next 10 years, starting…