China

Xiaomi talks electric vehicles with state-owned carmaker FAW Group as it pursues smart car ambitions



Chinese smartphone brand Xiaomi recently held an “in-depth” talk with state-owned carmaker FAW Group as the Beijing-based gadget maker vies for a piece of the country’s rapidly growing electric vehicle (EV) market.Lei Jun, Xiaomi’s billionaire founder and CEO, paid a visit with his team last week to FAW in Jilin province, according to a report from the state-owned Jilin Daily on Saturday. Xiaomi confirmed the report on Monday, but did not offer additional details.FAW, or First Auto Works, is…



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