Evergrande, Xiaomi clarify reports of former’s EV unit stake sale
Following reports on Thursday that Evergrande Group was in talks with companies including Xiaomi to sell stakes in its electric vehicle…
Xiaomi has invested in nearly 40 auto-related firms in past decade
Xiaomi has invested in nearly 40 automotive-related companies over the past decade and has participated in a total of 57 financings.
Xiaomi reportedly to set up HQ and plant for its car business in Beijing
Xiaomi's headquarters and first factory for its car business have been largely confirmed to be set in Beijing, Auto Business Review said on…
Central China’s Wuhan trying to get Xiaomi to locate its car-making operations there
While Xiaomi has announced its entry into the car-making field, the city where the business will be housed remains undetermined, making it a…
Xiaomi sets up new firm with business scope including NEV sales
Xiaomi, the smartphone giant that made a high-profile announcement this year about jumping on the car-making bandwagon, continues to lay out…
SAIC-GM-Wuling, Xiaomi partner on ‘Internet ecology’
SAIC said it will actively build a new industrial ecology with several Internet companies through cross-industry cooperation.
Xiaomi invests in another self-driving technology provider
Xiaomi is participating in Geometrical Perception and Learning Co's (G-PAL) approximately RMB 400 million ($61.88 million) Pre-A series…
Xiaomi looking for 500 engineers for its self-driving business
Xiaomi has launched a hiring drive for the self-driving division of its automotive business, with plans to hire the first 500 engineers.
Xiaomi reportedly may set up its car business in Hefei, where Nio China is headquartered
A source at Nio's OEM JAC Motors said that the company could produce cars for Xiaomi, with the latter's first model targeting the sub-RMB…
Option incentive plan shows Xiaomi aims to sell a million EVs a year
Xiaomi, which announced in March that it was joining the car-making bandwagon, is aiming for annual sales of a million vehicles, according to…