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Xiaomi had announced that it registered a new company called Xiaomi EV Inc. It will be competing in the electrical vehicles market. The company had previously acquired DeepMotion, which primarily works on self driving tech. We can expect Xiaomi to disrupt the market with its electrical vehicles too like it did in the mobile devices segment. Currently there's no news as to when the company plans to launch a vehicle.
Xiaomi enters the electric automobiles business
The new company is called Xiaomi EV Inc. Xiaomi has officially announced the registration of its new company, Xiaomi EV Inc. As the name implies, it will...
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