{"id":408109,"date":"2021-03-31T10:26:41","date_gmt":"2021-03-31T04:56:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=408109"},"modified":"2021-03-31T10:26:41","modified_gmt":"2021-03-31T04:56:41","slug":"chinas-smartphone-maker-xiaomi-to-invest-10-billion-in-electric-vehicles","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chinas-smartphone-maker-xiaomi-to-invest-10-billion-in-electric-vehicles\/","title":{"rendered":"China&#8217;s smartphone maker Xiaomi to invest $10 billion in electric vehicles"},"content":{"rendered":"<p>Smartphone maker Xiaomi on Tuesday became the latest Chinese company to enter the burgeoning electric vehicle industry in the world&#8217;s largest car market, as it announced a $10 billion investment over the next decade.<\/p>\n<p>The company, which is already among the biggest smartphone makers in the world, said in a filing to the Hong Kong stock exchange that it will set up a subsidiary for its smart electric vehicle business, with a 10 billion yuan ($1.52 billion) initial phase of investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Smartphone maker Xiaomi on Tuesday became the latest Chinese company to enter the burgeoning electric vehicle industry in the world&#8217;s largest car market, as it announced a $10 billion investment over the next decade. The company, which is already among the biggest smartphone makers in the world, said in a filing to the Hong Kong stock exchange that it will set up a subsidiary for its smart electric vehicle business, with a 10 billion yuan ($1.52 billion) initial phase of investment.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-408109","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=408109"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408109\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=408109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=408109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=408109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}