Xiaomi EV Business is Shining, Getting More than 10 Percent of its Revenue from EV Segment
Chinese consumer electronics maker Xiaomi’s September quarter revenue was higher than expected. Xiaomi, which has a major share in the smartphone market, had entered the electric vehicle (EV) segment this year. This business of the company is growing rapidly. Xiaomi’s revenue in the last quarter has increased by about 31 percent to about $ 12.8…