Market Chatter: Xiaomi to Set Up Safety Committee Amid Vehicle Accidents
MT Newswires Live
Mar 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.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.