Xiaomi to invest $10 billion for the mass production of its own cars by 2024

Lei Jun, Xiaomi Chief Executive said that the Chinese smartphone manufacturer will be producing its own cars by 2024, as informed by the spokesperson of the company.

Highlights

• Xiaomi to mass produce its own cars
• The company has done registration of its EV unit

Zang Ziyuan, the director of Xiaomi’s international marketing department, posted this news on his ve....