LatePost: Xiaomi confirms its entry into the car-making industry.

On February 19, according to the LatePost, Xiaomi has confirmed that they will enter the auto industry. At the same time, the LatePost cited insiders revealing that the Xiaomi’s car project may be led by the founder of Xiaomi Group, Lei Jun.

(Image source: Sina Finance)

At the time of publication, Xiaomi Group’s stock price had risen by 10%.

🔗Information Source: LatePost

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email