Smartphone major Xiaomi forays into the EV segment
Xiaomi will invest $10 billion over the next 10 years in the sector
Aims to offer quality smart EVs for smart living anytime, anywhere
The company, reportedly, will collaborate with Chinese SUV maker Great Wall Motors
Xiaomi CEO Lei Jun will also serve as the CEO of the EV business
Currently, Xiaomi is the world’s third-largest smartphone maker
