Technology giant Xiaomi has officially announced that it is entering the smart electric vehicle market, the Chinese company issued a notice that it has already registered the company and the Chief Executive Officer of the Xiaomi Group, Mr Lei Jun will is also become the Chief Executive Officer of the Smart electric vehicle business.
The Smart electric vehicle market is dominated by the likes of Tesla and other established motor vehicle brands that it will be interesting to see what the Chinese company has to offer, the company is expected to announce its first vehicle as early as today.
You can read the full announcement from Xiaomi below;
