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Xiaomi, BYD pour CNY100 billion respectively into smart vehicle technology

Staff reporter, Taipei; Peng Chen, DIGITIMES Asia Wednesday 12 June 2024 0

Credit: AFP

BYD founder and chairman Wang Chuanfu said EVs are still gaining momentum in replacing internal combustion engine vehicles. He also announced that BYD will invest CNY100 billion (US$13 billion) in smart vehicle technology development.

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