Chinese Smartphone maker Xiaomi to produce electric cars

Details to come later ..

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At the Yabuli China Entrepreneurs Forum, BYD’s Wang Chuanfu reportedly said, “I hope that Lei Jun, the founder of Xiaomi, will not lose money and waste time at the same time..”
Too bad he didn’t say the same thing, to Xu Jiayin as the titan made plans to plunge Evergrande into the brutally competitive auto industry.