Xiaomi eyes electric vehicles segment, to invest $10 billion in new EV unit over 10 years

Zee News The firm will initially invest 10 billion yuan ($1.52 billion) in the unit, with a total investment goal of $10 billion over the next ten years, it said in a filing published earlier on the Hong Kong stock exchange.  The company's move into cars follows similar steps by other tech giants, in China and overseas. https://ift.tt/eA8V8J March 30, 2021 at 10:22PM The firm will initially invest 10 billion yuan ($1.52 billion) in the unit, with a total investment goal of $10 billion over the next ten years, it said in a filing published earlier on the Hong Kong stock exchange.  The company's move into cars follows similar steps by other tech giants, in China and overseas.

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