Xiaomi Responds to Car Project Rumor’s

Xiaomi responds to the recently spreading rumor that the company has been working on building its own car. Xiaomi has officially responded to these rumors and said that they are not working on any car project the projects hasn’t been approved yet. These rumors first started in 2014 and recently have started appearing as well this month. The company didn’t completely deny that they are working on an electric car project, only that there is no established project at the moment.

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Credit: Gizmochina

In the statement titled “Clarification of Reports Regarding Entering the Electric Vehicle Industry,” the company stated that we will have to “wait and see” and nothing is confirmed as of yet on the Hong Kong Stock Exchange.

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