After mobile phones, the Chinese technology company Xiaomi also started selling electric cars.
According to the report, Chinese technology company Xiaomi says it will start delivering its first electric vehicle EV this month.
The price of the EV launched by Xiaomi is expected to be announced on March 28. China’s fifth largest smartphone maker says it has 59 stores in 29 cities across the country to take orders. .
The development comes at a time when a price war between firms such as Tesla is intensifying in China, the world’s largest car market.
At the unveiling of the Speed Ultra 7 Su Seven last year, Xiaomi Chief Executive Li Jun said that his company aims to become one of the top five car manufacturers in the world.
The company said it will invest $10 billion in its vehicle business over the next 10 years.
