Smartphone builder Xiaomi’s first EV coming in Q2 and looks to capitalize on 20M current users
Baua Electric
FEBRUARY 27, 2024
Long before any entry into building EVs, Xiaomi was a household name in China, manufacturing a myriad of electronics based on an Internet of Things (IoT) platform. Following a decline in smartphone sales, the consumer electronics specialist began exploring new outlets to maintain its cash flow as an international manufacturer.
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