Xiaomi's Strategic Move into Electric Vehicle Innovation

In a bold step towards expanding its footprint in the electric vehicle (EV) sector, Chinese tech giant Xiaomi is setting up a cutting-edge research and development facility in Munich, Germany. This initiative underscores Xiaomi's commitment to becoming a key player in the global EV market.

Confirmation and Future Plans

While details remain under wraps, a Xiaomi spokesperson has acknowledged the company's plans for the Munich facility. This move is part of Xiaomi's broader strategy to extend its EV sales internationally by 2027, marking a significant milestone in its automotive ambitions.