Oppo plans to enter electric car market

Oppo becomes the latest smartphone company after Huawei, Xiaomi and Apple, to reportedly have plans of entering the global electric car market.

Chinese smartphone company, Oppo could soon be venturing into the global automotive sector. According to media reports, the tech giant is planning to enter the EV segment, by building its own electric cars.

Oppo will become the latest smartphone manufacturer after Xiaomi, Huawei and Apple to enter the growing global EV market. Reports suggest that Oppo has already begun hiring personnel for its new business venture, while also conducting investigations and discussions in car manufacturing.

Tony Chan, CEO, Oppo has reportedly met certain Tesla suppliers and battery manufacturers. Recently, the company was also invited to attend an SAIC Developers Conference, which focussed on the development of software services for smart electric vehicles.

Oppo is a subsidiary of BBK, the world's largest smartphone manufacturer, which also owns other brands such as OnePlus, Vivo and Realme.

Source: CarNewsChina