Xiaomi EV: Mobile company Xiaomi will launch electric vehicle, know full details

Xiaomi EV: Mobile company Xiaomi will launch electric vehicle, know full details

Xiaomi Corporation is struggling to get regulatory approval for its electric vehicle project in China.

An unexpected setback in the $ 10 billion car production of the smartphone giant.

The Beijing-based company has been unsuccessfully.

They are trying to discuss licensing with officials from the National Development and Reform Commission

Xiaomi EV: Mobile company Xiaomi will launch electric vehicle, know full details

Xiaomi EV: Mobile company Xiaomi will launch electric vehicle, know full details

Xiaomi is one of the companies that wants to finally enter China's EV sector 

The industry with competitors such as the well-established BYD Co. and Nio Inc.

But billionaire co-founder Lei Jun said EV will be his last startup. 

with Xiaomi's expertise in connected technology and building a loyal user community in the world's largest EV market. I hope to lead to.

However, the longer the delay in obtaining a license, the more competitive it becomes.

However, the longer the delay in obtaining a license, the more competitive it becomes.