Market Chatter: Xiaomi Ramps Up EV Ambitions with Key Hires from BMW for Europe R&D Center

MT Newswires Live2025-03-24

Xiaomi (HKG:1810) recruited at least five senior executives, including former BMW senior executives, to bolster its electric vehicle research and development center in Europe, Reuters reported March 21.

Key hires include Rudolf Dittrich, a 15-year BMW veteran, to lead the center, according to the report.

Other new hires include Dusan Sarac, a former manager at BMW, who said he had joined the European research center in March and Jannis Hellwig, who will serve as a senior engineer on performance development and integration, Reuters wrote.

Xiaomi is also looking to fill other roles in Munich, signaling its push into Europe's competitive EV sector, according to the report.

(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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