Xiaomi held talks with Chery to launch production of electric vehicles

2023-10-12 09:56:15

Xiaomi held talks with Chery, BAIC and Brilliance to launch production of electric vehicles. The company is looking for a partner because it expects to receive a license to produce electric vehicles, but it does not have its own production facilities.

Previously, the CEO and founder of Xiaomi promised to invest $10 billion in the development and production of electric vehicles. Xiaomi is expected to unveil the car in 2024.

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