
Xiaomi Corp’s foray into the electric vehicle market has taken an intriguing turn as it has reportedly selected battery suppliers for its EV division.
What Happened: According to sources within the Chinese smartphone giant, Xiaomi has chosen China Aviation Lithium Battery Co. Ltd. (CALB) and Contemporary Amperex Technology Co. Limited (CATL) as its tier-1 and tier-2 battery suppliers, respectively, as reported by local media outlet Jiemian.