News Highlights: Chinese Phone Maker Xiaomi wants to make an electric car
Chinese phone maker Xiaomi is currently working on a long-term plan that will allow the company to enter the auto industry, with a recent report from local media indicating that the goal is to manufacture an electric vehicle
Few details are currently available, but Chinese publication LatePost indicates that the project is still in its early stages, so while the goal is to build an electric vehicle, it’s still not clear whether Xiaomi wants its own car launch or simply as a manufacturer for another company.
However, the report suggests that the project is currently under the close supervision of Lei Jun, founder and CEO of the company, suggesting that Xiaomi …
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