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A ‘Xiaomi car’? Phonemaker reportedly targets EV production

Xiaomi founder Lei Jun would lead the new EV team. He has backed both Nio and Xpeng through his venture capital firm Shunwei Capital.

2 mins read
  • In China’s first-tier cities, market penetration of ride-hailing services exceeded 70% as of Q1 of 2019.

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    KEY STAT | Ride-hailing services accounts for a third of China’s taxi traffic

    1 min read

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