News Snapshot:
In 2021, Lei announced that Xiaomi would enter the electric vehicle market, a foray he said would mark his last major entrepreneurial endeavor. SHANGHAI - Xiaomi Corp is currently running tests on 140 vehicles across China for autonomous driving , CEO Lei Jun said on Thursday. The news marks the latest benchmark for the smartphone maker, which announced last year it would enter the competitive EV sector and challenge established brands and younger tech companies. Speaking at a livestreamed company event, Lei said the company had 500 staff devoted solely to developing autonomous driving technology for its upcoming car and...
