Xiaomi Automobile, an emerging player in China's automotive sector, has unveiled its intention to establish an R&D center in Munich, Germany. The facility will be dedicated to advancing electric vehicle (EV) technology, marking a significant strategic step for Xiaomi in the European EV market. With plans to commence selling EVs outside China by 2027, the company is positioning itself for global expansion amidst ongoing negotiations between China and Europe regarding alternative tariff arrangements for Chinese EVs.
