Chinese consumer electronics company Xiaomi has officially entered the EV market after completing its industrial and commercial registration in China as Xiaomi Automobile Co. Ltd. In a recent announcement of the new EV entity, Xiaomi Automobile has revealed that it already has a team of nearly 300 employees.

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Consumer electronics company Xiaomi Communications Co. appears to be the latest manufacturer entering the electric mobility race. The Beijing-based company is reportedly making plans to create Xiaomi brand EVs. The company will utilize a Chinese manufacturing facility owned by Great Wall Motors.

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