Xiaomi in talks with carmakers about building EVs

Branching out: A visitor at a Xiaomi booth during the 2023 World Robot Conference in Beijing. The firm’s co-founder Lei Jun has pledged to invest around US$10bil in making EVs a reality for the technology group. — AFP

SINGAPORE: Xiaomi has held talks with established automakers on potential production partnerships, sources familiar with the matter say, as it waits for Beijing to approve a licence that would give it the right to manufacture electric cars itself.

The Chinese smartphone giant, which has ambitions of becoming a producer of its own brand of electric vehicles (EVs), has engaged with several carmakers.