Xiaomi to reveal cutting-edge EV technology on December 28: Details here
Chinese smartphone maker Xiaomi stated that it will present a showcase for its electric vehicle (EV) technology at a forthcoming event. Xiaomi’s founder and Chief Executive officer (CEO), Lei Jun, posted on social media platform X that the EV technology will be showcased at the Stride event. He also stated that they will not include the reveal of any products.
To gain a share of the EV market, Xiaomi obtained permission from China’s National Development and Reform Commission (NDRC) to make EVs. This commission oversees funds and manufacturing capacity in China’s auto industry. Previously, Xiaomi had stated that it will invest $10 billion in the EV sector.
