BEIJING (CAIXIN GLOBAL) -The electric car sector is becoming increasingly crowded as more tech companies jump on the bandwagon, pushing a radical shake-up in the 138-year-old global auto industry.
Chinese smartphone giant Xiaomi Corp became the latest newcomer in the electric vehicle (EV) race, with a plan to invest US$10 billion (S$13 billion) over the next decade.
Please subscribe or log in to continue reading the full article.
Get unlimited access to all stories at $0.99/month
- Latest headlines and exclusive stories
- In-depth analyses and award-winning multimedia content
- Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
Join ST’s Telegram channel here and get the latest breaking news delivered to you.
Source: Read Full Article
