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Car makers beware… Xiaomi aims to destroy… oops… disrupt Electric Car market

Xiaomi EV now has 300 employees and the business is led by the group’s founder and CEO Lei Jun.

Affordable Premium Electric Cars?

Earlier this month, Xiaomi announced it had acquired autonomous driving firm Deepmotion for around $77.37 million to “enhance the technological competitiveness” of its electric vehicle business.

The Chinese brand is planning to invest an estimated $10 billion in total in EV business over the course of the next 10 years.

However, a clear roadmap of…

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