Xiaomi has hired Yu Liguo, a former senior executive at state-owned automaker BAIC Motor, to lead its autonomous electric vehicle project.
Autonomous driving technologies are the most crucial part of intelligent and electric vehicles, president Wang said.
Leading automakers have been embracing high-voltage battery systems, a technology and a longer driving range.
The cell phone maker known as ‘the Apple of China’ has backed EV companies Nio and Xpeng. Its entry is expected to shake up China’s car market.
The world’s fourth-biggest phone maker Xiaomi now pledges to develop high-quality EVs with a ‘best-in-class’ connected device ecosystem.
The move comes against the backdrop of China’s big tech firms pushing to develop vehicles with smart cabin systems and autonomous driving technologies.
Nio’s pursuit of making smartphones comes as other Chinese tech companies are making plans to build EVs, looking to profit in the world’s biggest auto market embracing EVs.
In this episode, the guys welcome Tu Le, Managing Director of Sino Auto Insights, to discuss China’s dynamic electric vehicle and automotive industry. Tu explains how an investment bubble and generous government subsidies led to an explosion in EV startups, but how as the money has dried up, these firms are now under intense pressure […]
Xpeng manufacturing partner Haima Auto is ready to follow Chinese biggest carmaker SAIC into the Indian market
Many players in China’s once-thriving EV battlefield face a struggle to convince new investors to come on board.