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Flying Between a Rock and a Hard Place

Xiaomi recruits senior talent for European EV research centre

China's Xiaomi has hired at least five senior executives from firms including Germany's BMW, LinkedIn posts showed, as it advances plans to build an electric vehicle research and development centre in Europe.
Xiaomi, the Chinese electronics giant, is expanding its electric vehicle (EV) ambitions by establishing a research and development center in Europe, with plans to open by the end of 2024. The company is actively recruiting senior talent to lead this new facility, focusing on enhancing its EV technology and market presence in Europe. This move comes as part of Xiaomi's broader strategy to diversify from smartphones into the automotive sector, following its announcement to invest $10 billion in EVs over the next decade. The recruitment drive targets experts in areas like autonomous driving, vehicle engineering, and software development, aiming to leverage European expertise to bolster its global EV strategy.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/xiaomi-recruits-senior-talent-european-ev-research-centre-2025-03-21/ ]