China's Xiaomi completes business registration of electric vehicle unit

The Straits Times2021-09-02

SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...

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Flokayson
2021-09-02
Flokayson
Great
darrenlsw
2021-09-02
darrenlsw
Future of Huawei?
Carolinetsh
2021-09-02
Carolinetsh
Good
nelson21
2021-09-02
nelson21
Pls like and comment
Ysheng
2021-09-02
Ysheng
Like
- 4ebeaef4:
  Ok
terry89
2021-09-02
terry89
Gd

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However, it has revealed few details of its strategy for the automotive sector or vehicle types it intends to launch.\nLast week, the company said it purchased autonomous driving technology start-up Deepmotion for over US$77 million, in an effort to boost research and development.\nEarlier in August, Reuters reported that Xiaomi had entered talks with beleaguered real estate giant Evergrande Group to purchase a stake in the latter's automotive unit.\nIn response to the news, a Xiaomi spokesman wrote on the company social media account that it is in touch with several automakers but has yet to decide which one to work with.\nXiaomi's second-quarter earnings last week beat analyst estimates, with revenues and net profits increasing 64 per cent and 87.4 per cent respectively.\nThe company's share of the global smartphone market has surged following the retreat of its chief rival, Huawei Technologies in the face of United States government sanctions.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":812205032,"gmtCreate":1630588596526,"gmtModify":1631889103275,"author":{"id":"3574260792698407","authorId":"3574260792698407","name":"darrenlsw","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3574260792698407","authorIdStr":"3574260792698407"},"htmlText":"Future of Huawei?","listText":"Future of Huawei?","text":"Future of Huawei?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812205032","repostId":2164844008,"repostType":4,"repost":{"id":"2164844008","kind":"news","pubTimestamp":1630583400,"share":"https://ttm.financial/m/news/2164844008?lang=&edition=full","pubTime":"2021-09-02 19:50","market":"us","language":"en","title":"China's Xiaomi completes business registration of electric vehicle unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2164844008","media":"The Straits Times","summary":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the","content":"<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Xiaomi completes business registration of electric vehicle unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164844008","content_text":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector.\nThe new unit, to be called Xiaomi EV, opened with registered capital of 10 billion yuan (S$2.08 billion) and Xiaomi CEO Lei Jun as its legal representative, Xiaomi said in a statement.\nSome 300 staff have so far been employed to join the electric vehicle unit and it continues to recruit talent, it said.\nThe smartphone maker, which became the world's second top-selling brand behind Samsung in the second quarter, confirmed its foray into electric cars in March, pledging to invest US$10 billion (S$13.4 billion) over the next 10 years.\nMr Lei said at the time the push into electric vehicles would mark his \"last major entrepreneurial project\".\nXiaomi said on Wednesday (Sept 1) it has since conducted more than 2,000 interview surveys and visited over 10 industry peers and partners. However, it has revealed few details of its strategy for the automotive sector or vehicle types it intends to launch.\nLast week, the company said it purchased autonomous driving technology start-up Deepmotion for over US$77 million, in an effort to boost research and development.\nEarlier in August, Reuters reported that Xiaomi had entered talks with beleaguered real estate giant Evergrande Group to purchase a stake in the latter's automotive unit.\nIn response to the news, a Xiaomi spokesman wrote on the company social media account that it is in touch with several automakers but has yet to decide which one to work with.\nXiaomi's second-quarter earnings last week beat analyst estimates, with revenues and net profits increasing 64 per cent and 87.4 per cent respectively.\nThe company's share of the global smartphone market has surged following the retreat of its chief rival, Huawei Technologies in the face of United States government sanctions.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":812647240,"gmtCreate":1630587410680,"gmtModify":1632471695295,"author":{"id":"3582507638581570","authorId":"3582507638581570","name":"Carolinetsh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582507638581570","authorIdStr":"3582507638581570"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812647240","repostId":2164844008,"repostType":4,"repost":{"id":"2164844008","kind":"news","pubTimestamp":1630583400,"share":"https://ttm.financial/m/news/2164844008?lang=&edition=full","pubTime":"2021-09-02 19:50","market":"us","language":"en","title":"China's Xiaomi completes business registration of electric vehicle unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2164844008","media":"The Straits Times","summary":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the","content":"<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Xiaomi completes business registration of electric vehicle unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Xiaomi completes business registration of electric vehicle unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164844008","content_text":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector.\nThe new unit, to be called Xiaomi EV, opened with registered capital of 10 billion yuan (S$2.08 billion) and Xiaomi CEO Lei Jun as its legal representative, Xiaomi said in a statement.\nSome 300 staff have so far been employed to join the electric vehicle unit and it continues to recruit talent, it said.\nThe smartphone maker, which became the world's second top-selling brand behind Samsung in the second quarter, confirmed its foray into electric cars in March, pledging to invest US$10 billion (S$13.4 billion) over the next 10 years.\nMr Lei said at the time the push into electric vehicles would mark his \"last major entrepreneurial project\".\nXiaomi said on Wednesday (Sept 1) it has since conducted more than 2,000 interview surveys and visited over 10 industry peers and partners. However, it has revealed few details of its strategy for the automotive sector or vehicle types it intends to launch.\nLast week, the company said it purchased autonomous driving technology start-up Deepmotion for over US$77 million, in an effort to boost research and development.\nEarlier in August, Reuters reported that Xiaomi had entered talks with beleaguered real estate giant Evergrande Group to purchase a stake in the latter's automotive unit.\nIn response to the news, a Xiaomi spokesman wrote on the company social media account that it is in touch with several automakers but has yet to decide which one to work with.\nXiaomi's second-quarter earnings last week beat analyst estimates, with revenues and net profits increasing 64 per cent and 87.4 per cent respectively.\nThe company's share of the global smartphone market has surged following the retreat of its chief rival, Huawei Technologies in the face of United States government sanctions.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":812652230,"gmtCreate":1630586204320,"gmtModify":1632471761363,"author":{"id":"3581678664547146","authorId":"3581678664547146","name":"nelson21","avatar":"https://static.tigerbbs.com/f3bfb16048c75dbf023d98c18914333e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581678664547146","authorIdStr":"3581678664547146"},"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812652230","repostId":2164844008,"repostType":4,"repost":{"id":"2164844008","kind":"news","pubTimestamp":1630583400,"share":"https://ttm.financial/m/news/2164844008?lang=&edition=full","pubTime":"2021-09-02 19:50","market":"us","language":"en","title":"China's Xiaomi completes business registration of electric vehicle unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2164844008","media":"The Straits Times","summary":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the","content":"<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Xiaomi completes business registration of electric vehicle unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Xiaomi completes business registration of electric vehicle unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164844008","content_text":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector.\nThe new unit, to be called Xiaomi EV, opened with registered capital of 10 billion yuan (S$2.08 billion) and Xiaomi CEO Lei Jun as its legal representative, Xiaomi said in a statement.\nSome 300 staff have so far been employed to join the electric vehicle unit and it continues to recruit talent, it said.\nThe smartphone maker, which became the world's second top-selling brand behind Samsung in the second quarter, confirmed its foray into electric cars in March, pledging to invest US$10 billion (S$13.4 billion) over the next 10 years.\nMr Lei said at the time the push into electric vehicles would mark his \"last major entrepreneurial project\".\nXiaomi said on Wednesday (Sept 1) it has since conducted more than 2,000 interview surveys and visited over 10 industry peers and partners. However, it has revealed few details of its strategy for the automotive sector or vehicle types it intends to launch.\nLast week, the company said it purchased autonomous driving technology start-up Deepmotion for over US$77 million, in an effort to boost research and development.\nEarlier in August, Reuters reported that Xiaomi had entered talks with beleaguered real estate giant Evergrande Group to purchase a stake in the latter's automotive unit.\nIn response to the news, a Xiaomi spokesman wrote on the company social media account that it is in touch with several automakers but has yet to decide which one to work with.\nXiaomi's second-quarter earnings last week beat analyst estimates, with revenues and net profits increasing 64 per cent and 87.4 per cent respectively.\nThe company's share of the global smartphone market has surged following the retreat of its chief rival, Huawei Technologies in the face of United States government sanctions.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":812659361,"gmtCreate":1630585888353,"gmtModify":1631891315602,"author":{"id":"3582273441359971","authorId":"3582273441359971","name":"Ysheng","avatar":"https://static.tigerbbs.com/4a3b6b4a8fba869942de50f5b19db17b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3582273441359971","authorIdStr":"3582273441359971"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812659361","repostId":2164844008,"repostType":4,"repost":{"id":"2164844008","kind":"news","pubTimestamp":1630583400,"share":"https://ttm.financial/m/news/2164844008?lang=&edition=full","pubTime":"2021-09-02 19:50","market":"us","language":"en","title":"China's Xiaomi completes business registration of electric vehicle unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2164844008","media":"The Straits Times","summary":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the","content":"<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Xiaomi completes business registration of electric vehicle unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Xiaomi completes business registration of electric vehicle unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164844008","content_text":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector.\nThe new unit, to be called Xiaomi EV, opened with registered capital of 10 billion yuan (S$2.08 billion) and Xiaomi CEO Lei Jun as its legal representative, Xiaomi said in a statement.\nSome 300 staff have so far been employed to join the electric vehicle unit and it continues to recruit talent, it said.\nThe smartphone maker, which became the world's second top-selling brand behind Samsung in the second quarter, confirmed its foray into electric cars in March, pledging to invest US$10 billion (S$13.4 billion) over the next 10 years.\nMr Lei said at the time the push into electric vehicles would mark his \"last major entrepreneurial project\".\nXiaomi said on Wednesday (Sept 1) it has since conducted more than 2,000 interview surveys and visited over 10 industry peers and partners. However, it has revealed few details of its strategy for the automotive sector or vehicle types it intends to launch.\nLast week, the company said it purchased autonomous driving technology start-up Deepmotion for over US$77 million, in an effort to boost research and development.\nEarlier in August, Reuters reported that Xiaomi had entered talks with beleaguered real estate giant Evergrande Group to purchase a stake in the latter's automotive unit.\nIn response to the news, a Xiaomi spokesman wrote on the company social media account that it is in touch with several automakers but has yet to decide which one to work with.\nXiaomi's second-quarter earnings last week beat analyst estimates, with revenues and net profits increasing 64 per cent and 87.4 per cent respectively.\nThe company's share of the global smartphone market has surged following the retreat of its chief rival, Huawei Technologies in the face of United States government sanctions.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5730446,"gmtCreate":1630585893392,"gmtModify":1631891315604,"authorId":3575777532787835,"author":{"id":3575777532787835,"idStr":"3575777532787835","authorId":3575777532787835,"name":"4ebeaef4","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":812659361,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":812628168,"gmtCreate":1630585187154,"gmtModify":1631891016105,"author":{"id":"3572496817285200","authorId":"3572496817285200","name":"terry89","avatar":"https://static.tigerbbs.com/a8f3d3a49b2f88f3d66f162d57b571e1","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3572496817285200","authorIdStr":"3572496817285200"},"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812628168","repostId":2164844008,"repostType":4,"repost":{"id":"2164844008","kind":"news","pubTimestamp":1630583400,"share":"https://ttm.financial/m/news/2164844008?lang=&edition=full","pubTime":"2021-09-02 19:50","market":"us","language":"en","title":"China's Xiaomi completes business registration of electric vehicle unit","url":"https://stock-news.laohu8.com/highlight/detail?id=2164844008","media":"The Straits Times","summary":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the","content":"<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Xiaomi completes business registration of electric vehicle unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Xiaomi completes business registration of electric vehicle unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its ...</p>\n\n<a href=\"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/tech/tech-news/chinas-xiaomi-completes-business-registration-of-electric-vehicle-unit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164844008","content_text":"SHANGHAI (REUTERS) - Chinese smartphone giant Xiaomi said on Wednesday (Sept 1) it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector.\nThe new unit, to be called Xiaomi EV, opened with registered capital of 10 billion yuan (S$2.08 billion) and Xiaomi CEO Lei Jun as its legal representative, Xiaomi said in a statement.\nSome 300 staff have so far been employed to join the electric vehicle unit and it continues to recruit talent, it said.\nThe smartphone maker, which became the world's second top-selling brand behind Samsung in the second quarter, confirmed its foray into electric cars in March, pledging to invest US$10 billion (S$13.4 billion) over the next 10 years.\nMr Lei said at the time the push into electric vehicles would mark his \"last major entrepreneurial project\".\nXiaomi said on Wednesday (Sept 1) it has since conducted more than 2,000 interview surveys and visited over 10 industry peers and partners. However, it has revealed few details of its strategy for the automotive sector or vehicle types it intends to launch.\nLast week, the company said it purchased autonomous driving technology start-up Deepmotion for over US$77 million, in an effort to boost research and development.\nEarlier in August, Reuters reported that Xiaomi had entered talks with beleaguered real estate giant Evergrande Group to purchase a stake in the latter's automotive unit.\nIn response to the news, a Xiaomi spokesman wrote on the company social media account that it is in touch with several automakers but has yet to decide which one to work with.\nXiaomi's second-quarter earnings last week beat analyst estimates, with revenues and net profits increasing 64 per cent and 87.4 per cent respectively.\nThe company's share of the global smartphone market has surged following the retreat of its chief rival, Huawei Technologies in the face of United States government sanctions.","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":49,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.34.3","shortVersion":"4.34.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2164844008"}