Xiaomi invest $10 billion to implement green cars strategy over a decade

Lu Weibing President of Chinese Xiaomi Corp., smart phone maker, announced that the company has pledged a $10 billion investment over a decade in the green cars business and its automobile's strategy to start mass production of its first electric vehicles (EVs) in China during the first half of 2024 remains unchanged as well as the current progress in manufacturing plans is ahead of the compa