Tesla rival Xiaomi raises $5.5 billion as it ramps up EV plans
China’s Xiaomi raised $5.5 billion in an upsized stock sale as the company moves to expand its burgeoning electric vehicle business, following BYD’s lead.Read more...


China’s Xiaomi raised $5.5 billion in an upsized stock sale as the company moves to expand its burgeoning electric vehicle business, following BYD’s lead.