According to the latest news, Chinese smartphone maker Oppo, whose parent company is BBK Electronics Corp., the world's second-largest phone manufacturer, is preparing to build electric cars, with founder and CEO Tony Chen taking the lead.

From several sources with access to OPPO's senior executives, it was learned that Oppo has been preparing to build electric cars. Like Xiaomi, the promoter of the car-making plan is also the founder of the company.

Tony Chen is already mapping and researching industry chain resources and talents. Sources told that in the past two weeks, Mr. Chen met with Zhu Wei, President of Passenger Vehicle Business Unit (PVBU) of the battery maker Contemporary Amperex Technology Co., Limited (CATL), and the two sides chatted for several hours.

In addition, Oppo CEO also led a visit to the China Automotive Technology and Research Center (CATARC) and other institutions related to the electric vehicle industry.

In this regard, the morning of April 28, the company responded that it has temporarily no answer to the relevant rumors.