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.
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Posted inHeavy Hitters
Xiaomi invests $1.5 billion in fully owned EV business
The world’s fourth-biggest phone maker Xiaomi now pledges to develop high-quality EVs with a ‘best-in-class’ connected device ecosystem.
Posted inOn the Cusp
DRIVE I/O | Fatal crash threatens Nio’s reputation and expansion plans
There could be more consequences to come as Nio is in advanced plans to enter the competitive mass auto market.
Posted inOn the Cusp
Nio and Xpeng join forces on charging station network expansion
Growth in China’s charging stations has slowed over the past three years after doubling in 2016.
Posted inHeavy Hitters
DRIVE I/O | Lidar is hard—but it’s coming soon
While Chinese companies won’t be the first to deliver road-ready lidar systems, they could be the first to do it at a practical price.
