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Posted by S.Yu
 - April 01, 2021, 09:47:00
One thing to say: Too little too late.
I don't believe they're fully serious though, probably that they have this much cash to fool around with.
Posted by Redaktion
 - March 30, 2021, 17:33:58
Xiaomi has confirmed its entry into the electric car industry with a new Smart Electric Vehicles company. According to an official announcement, Xiaomi will invest US$10 billion dollars in its new venture over the next decade.

https://www.notebookcheck.net/Xiaomi-confirms-that-it-is-getting-into-the-electric-vehicle-industry-with-a-US-10-billion-investment.530243.0.html