Xiaomi, With $10 Billion Investment Pledged, Wins China Approval to Make Electric Vehicles
[ad_1] Xiaomi has won the approval of China’s state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step towards the smartphone maker’s goal of producing cars by early next year. The National Development and Reform Commission (NDRC), which regulates new investments and production capacity in China’s … Read more