Xiaomi to Sell Cars Through Mi Fan Club

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BEIJING, October 19 (TMTPOST)— Chinese smartphone giant and consumer electronics maker Xiaomi will start mass-producing electric vehicles in the first half of 2024, said Lei Jun, CEO of Xiaomi, at an investor event Tuesday.The announcement marks new progress for Xiaomi’s vehicle business since it was first announced earlier this year, including the establishment of the company, dedicated team merger and a