A Chinese phone maker did something Apple couldn't: Make an EV
Xiaomi makes rice cookers, smartphones, lamps and now a car, showing how low the barriers to entry have become in the world of electric vehicles.
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Xiaomi makes rice cookers, smartphones, lamps and now a car, showing how low the barriers to entry have become in the world of electric vehicles.
Geely Auto and BYD Co., known for knock-offs, are now innovative. Xiaomi Corp., from cheap smartphones, aims to rival Tesla. Apple cancels EV project; Lei Jun leads Xiaomi's $10 billion EV venture.
BEIJING: Tesla boss Elon Musk boarded a plane departing Beijing on Monday, after a whistlestop China visit during which the firm secured a key security clearance for the world's biggest electric car market.
Pro-Palestinian student protesters have occupied a campus building. Electric vehicles are the newest front of competition between the U.S. and China.