Market Chatter: Xiaomi to Set Up Safety Committee Amid Vehicle Accidents

MT Newswires Live

03/02

Electric auto manufacturer Xiaomi (HKG:1810) is establishing a committee to assess the safety of its cars following a string of accidents involving its vehicles, Reuters reported Friday.

The Chinese carmaker also plans to consult with car owners, media and experts to get their insights on the safety of its vehicles, the report said, citing Hou Jinglei, head of Xiaomi's EV safety department.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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