China's Xiaomi registers electric vehicle unit with CEO Lei Jun in charge

China's Xiaomi registers electric vehicle unit with CEO Lei Jun in charge

A "MI" logo stands outside the main entrance of the Xiaomi Corp. headquarters in Beijing, China. Photographer: Edmond Lococo/Bloomberg

Chinese smartphone giant Xiaomi Corp said on Wednesday that it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector.