All of which, including the acquisition of DeepMotion, are in line with Xiaomi's 10-year smart electronic vehicle (EV) plan, which estimates a budget of USD 10 billion. The Chinese smartphone giant Xiaomi Corp is expected to launch a smart electric vehicle business soon. Xiaomi will invest USD 10 billion in a new smart electric vehicle business division, as spotted in an announcement. Lei Jun, the Chief Executive Officer of the Group, will work as the Chief Executive Officer of the said smart electric vehicle business. Smart electric vehicles have fundamentally transformed the business model of the traditional automotive industry, and Xiaomi has the deepest understanding of the hardware-based internet service business model; 2. Xiaomi has numerous core technologies that can be applied to smart electric vehicle business; 5. "Smart electric vehicles represent one of the largest business opportunities in the next decade and represent an indispensable component of smart living. Read more in our articles including "Xiaomi acquires smart car start-up 'DeepMotion' for USD 77.37M" and "Xiaomi to launch Smart Electric Vehicle Business".
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Nov 1, 2006All of which, including the acquisition of DeepMotion, are in line with Xiaomi's 10-year smart electronic vehicle (EV) plan, which estimates a budget of USD 10 billion. The Chinese smartphone giant Xiaomi Corp is expected to launch a smart electric vehicle business soon.
Xiaomi will invest USD 10 billion in a new smart electric vehicle business division, as spotted in an announcement. Lei Jun, the Chief Executive Officer of the Group, will work as the Chief Executive Officer of the said smart electric vehicle business. Smart electric vehicles have fundamentally transformed the business model of the traditional automotive industry, and Xiaomi has the deepest understanding of the hardware-based internet service business model; 2.
Our coverage of Xiaomi Smart Electric Vehicle Business includes: "Xiaomi acquires smart car start-up 'DeepMotion' for USD 77.37M"; "Xiaomi to launch Smart Electric Vehicle Business"; "Smart Bro now up to 2Mbps". Each article provides unique insights and information.