Xiaomi has hired Yu Liguo, a former senior executive at state-owned automaker BAIC Motor, to lead its autonomous electric vehicle project.
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Posted inHeavy Hitters
Xiaomi acquires self-driving tech startup Deepmotion
Autonomous driving technologies are the most crucial part of intelligent and electric vehicles, president Wang said.
Posted inHeavy Hitters
Xiaomi leads funding round in high-voltage EV battery startup Chilye
Leading automakers have been embracing high-voltage battery systems, a technology and a longer driving range.
Posted inOn the Cusp
Five things to know about Xiaomi’s new electric car company
Xiaomi is the world’s second-largest smartphone maker by market share; its entry into the growing EV market may bring new competition to Nio, Xpeng, and Li Auto.
Posted inHeavy Hitters
Xiaomi reportedly plotting electric car play
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.
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 inHeavy Hitters
Nio is reportedly getting into the business of making smartphones
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.
Posted inUp and Comers
Xpeng NEV partner eyes India market amid sales slump
Xpeng manufacturing partner Haima Auto is ready to follow Chinese biggest carmaker SAIC into the Indian market
Posted inOn the Cusp
China’s EV darlings left stranded as VCs look elsewhere
Many players in China’s once-thriving EV battlefield face a struggle to convince new investors to come on board.
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.
