Smartphone giant Xiaomi said to be planning electric vehicles made in Great Wall’s factory

//Smartphone giant Xiaomi said to be planning electric vehicles made in Great Wall’s factory

Smartphone giant Xiaomi said to be planning electric vehicles made in Great Wall’s factory

China’s Xiaomi Corp plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd’s factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.The tech firm’s stock price jumped as much as 6.71 per cent in early Friday trade after Reuters reported the plan. Great Wall’s Hong Kong stock rose more than 8 per cent and its Shanghai shares gained more than 7 per cent.Xiaomi, one of the world’s biggest smartphone makers, is in…

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By | 2021-03-26T05:18:52+00:00 March 26th, 2021|Technology|Comments Off on Smartphone giant Xiaomi said to be planning electric vehicles made in Great Wall’s factory