Chinese Smartphone Maker Xiaomi To Make EVs Using Great Wall's Plant

China's Xiaomi plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd's factory, Reuters reported Friday, citing three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race. From a report: Xiaomi, one of the world's biggest smartphone makers, is in talks to use one of Great Wall's plants in China to make EVs under its own brand, said two of the people, who declined to be identified as the information is not public. Xiaomi will aim its EVs at the mass market, in line with the broader positioning of its electronics products, the two people said. Great Wall, which has not before offered manufacturing services to other companies, will provide engineering consultancy to speed up the project, said one of the people.

Nobel nonsense

[sdinfoserv]

Come’on kiddos’, you’re not nearly that naive, are you? The purpose of a corporation is to make money. Period. Increase owner equity. (make stock prices go up). That’s it. If you don’t do that, the board of directors fires the CEO. If the board of directors fail to fire the CEO, stock owners (usually large investment firms) replace the board members. That’s capitalism. It’s why google, facebook, twitter, and every other company cowtoe to the Chinese authoriti

Re: Nobel nonsense

[spinitch]

What are alternatives Samsung, Sony? Most mobile devices assembled in China. âoesdinfos You don't like it, start by stop buying Iphones and Icrap... what, you don't want to? ya, thought so..â

Re:

[angel'o'sphere]

Some (all?) iPhones are assembled in China, too.

Mobile money.

[Ostracus]

Seems everyone has car ambitions in spite of a global chip shortage. Just waiting for MS to dip a toe in so we can use that joke about if cars developed like computers.

Re:

[AmiMoJo]

Xiaomi has a good track record with innovative, good quality products. If they are doing a car it's probably going to be pretty interesting. They don't make much mediocre stuff.

"Smart mobility"

[BAReFO0t]

There's another Lovecraftian-Orwellian nightmare we never expected to see.

Remember, everyone: It is not a "thing".
It is only a "thing" in the same way that Flappy Bird was: People do it... because ... people do it.
But nobody ever stops to think if anyone should follow that overconfident crazy person that started the cult.
And, as always, the bitter poison is to be swallowed, wrapped in lot of sweet. As long as it is swallowed.

I control my car. I control my computer. Not you, Musk. Not you, Xiaomi. Not you, A