Xiaomi has also announced that its co-founder as well as current Chairman and CEO, Lei Jun will also become the CEO of the new EV subsidiary. However, the company didn’t address the recent rumour regarding Great Wall Motor in the announcement today.
The Chinese tech giant also didn’t provide any information regarding its EV production timeline, so it seems likely that it is going to take a while before we can see Xiaomi’s first-ever EV on the road. Nevertheless, we still look forward to seeing if Xiaomi is able to disrupt the EV industry and repeat its achievements within the smartphone world over there.
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