Xiaomi will invest 10 billion U.S. dollars to build cars in the next 10 years

On the 30th, the Chinese smartphone manufacturer Xiaomi Group issued an announcement on the Hong Kong Stock Exchange, announcing the formal establishment of Xiaomi’s smart car business. According to the announcement, the company intends to establish a wholly-owned subsidiary to be responsible for the relevant business, and Xiaomi CEO Lei Jun will concurrently serve as the CEO of the smart electric vehicle business.

At the press conference held on the 30th, Lei Jun also announced that Xiaomi officially entered the smart electric vehicle industry. The company plans to invest 10 billion U.S. dollars in the smart electric vehicle business in the next 10 years, with an initial investment of 10 billion yuan. Lei Jun said that since 2013, he is very optimistic about the new energy automobile industry. In the past seven or eight years, he has invested in more than a dozen related companies. He is very aware of the risks and huge investment in the automotive industry, but “the Xiaomi of today is no longer the Xiaomi of the year”. The Xiaomi Group has a cash balance of 108 billion yuan at the end of 2020, “Xiaomi can afford to lose.” According to a Reuters report on the 26th, Xiaomi is in close contact with Great Wall Motors and plans to use the Great Wall Motors factory to produce electric cars. The two sides may sign a joint car-making plan this week.

s (we don’t even know what we really are, maybe she doesn’t know it), and it means with deep respect that “Mrs. Keszyné is getting dressed and dressed.” A bold thought flashes through the brains of the gallery, and other pleasing thoughts in the wake of the company of ideas. “Not at all! Even better! Let it come out! ”The gallery replied. “Let it come out!” Sounded all ordinary. “Keszyné!” The spinner roared. And Mrs. Keszyn appeared wrapped in a cloak. And the gallery is sorry that Mrs. Keszyn is indeed he was dressed .

One more. In one act, where music was also performed, he notices one of the gallery’s actors, Running, playing the violin behind the scenes. Maybe because the artist was surprised by this hitherto unknown quality; maybe because the violin was really remarkable: enough of it, Runner was shouted at the end of the game. -12-However, on his running robe, he stood in a shirt behind the scenes, so he couldn’t step out in front of the audience. However, the gallery does not cease to shout its name; he finally loses his patience, and 4-5 of his members break out of the porch, through the dressing room, onto the stage, and in the unassuming robe of the desperate Runner there, sans gêne et sans compliments à la Baczur are giggled to the audience with their hats on. And Runner drives himself and the gallery “celebrates victory.” – The game is over. We could make jokes with what we saw and heard there, but this is enough.

We entrust the making of the commentary to the presenters to the gentle reader. And Debreczen is surrounded by the gentle spirit of art!