Xiaomi
Evergrande, Xiaomi clarify reports of former's EV unit stake sale
Following reports on Thursday that Evergrande Group was in talks with companies including Xiaomi to sell stakes in its electric vehicle business, both of them clarified.
Xiaomi has invested in nearly 40 auto-related firms in past decade
Xiaomi has invested in nearly 40 automotive-related companies over the past decade and has participated in a total of 57 financings.
Xiaomi reportedly to set up HQ and plant for its car business in Beijing
Xiaomi's headquarters and first factory for its car business have been largely confirmed to be set in Beijing, Auto Business Review said on Weibo on Monday.
Central China's Wuhan trying to get Xiaomi to locate its car-making operations there
While Xiaomi has announced its entry into the car-making field, the city where the business will be housed remains undetermined, making it a target of competition from Chinese cities.
Xiaomi sets up new firm with business scope including NEV sales
Xiaomi, the smartphone giant that made a high-profile announcement this year about jumping on the car-making bandwagon, continues to lay out its business in the sector.
SAIC-GM-Wuling, Xiaomi partner on 'Internet ecology'
SAIC said it will actively build a new industrial ecology with several Internet companies through cross-industry cooperation.
Xiaomi invests in another self-driving technology provider
Xiaomi is participating in Geometrical Perception and Learning Co's (G-PAL) approximately RMB 400 million ($61.88 million) Pre-A series funding round as the lead investor in the Pre-A2 round.
Xiaomi looking for 500 engineers for its self-driving business
Xiaomi has launched a hiring drive for the self-driving division of its automotive business, with plans to hire the first 500 engineers.
Xiaomi reportedly may set up its car business in Hefei, where Nio China is headquartered
A source at Nio's OEM JAC Motors said that the company could produce cars for Xiaomi, with the latter's first model targeting the sub-RMB 200,000 ($30,773) market and a foray into the battery swap business.
Option incentive plan shows Xiaomi aims to sell a million EVs a year
Xiaomi, which announced in March that it was joining the car-making bandwagon, is aiming for annual sales of a million vehicles, according to its employee option incentive plan reported by tech media outlet 36kr on July 16.
