Xiaomi launches Sky Nomad as second automotive brand targeting extended-range EVs

Chinese technology firm Xiaomi has unveiled Sky Nomad as its second automotive brand, focusing on electric vehicles equipped with range extenders. The move expands Xiaomi's automotive portfolio beyond its existing EV brand, targeting the growing market segment for extended-range electric vehicles in China and potentially global markets.

Why it matters: A major consumer electronics manufacturer diversifying into range-extended EVs signals increased competition in the charging infrastructure space, as these vehicles require less frequent public charging than pure battery EVs, potentially affecting CPO utilisation rates and network planning strategies.