Xiaomi will start manufacturing electric cars

When one thinks of Xiaomi, the first thing that comes to mind are its smartphones, which have dominated the mobile market in a large number of countries around the world.

However, it is likely that in the near future you will see this brand associated with electric cars. This, due to a recent announcement by the company in which they announced their foray into the electric auto industry under the name of Xiaomi Automotive.

As a first step to launch this project, Xiaomi has finalized its commercial registration in China under the name of Xiaomi Automobile Co. LTD. And while the company has become a benchmark in the smartphone industry, its position has been threatened against other manufacturers.

It is for this reason that the company has decided to broaden its horizons and seek a niche in electric mobility in which to gain space. They already did it some time ago with the making of electric scooters, bicycles and mopeds, which are good value for money.

This gave Xiaomi the impetus to take the initiative and take it to the next level in this sector: electric cars.

In this sense, it was assumed that the company Engines of the Great Wall (GWM) is said to be involved in the project offering consulting services to Xiaomi to complete the engineering development to be integrated into its electric car.

In addition, it was said that GWM will offer its facilities to carry out the assembly process of Xiaomi’s electric car.

On the other hand, Lei Jun, founder, chairman and CEO of Xiaomi Group will be the person in charge of wearing the Xiaomi car address, a division which so far has a team of nearly 300 people ready to go to work and make this company’s first electric car a reality.

It is planned to launch this model for March 2022, date set by the president of the company Wang xiang. It should be noted that 10 billion yuan This company has more than enough capital to start building this electric car. Likewise, 60 billion yuan They were fitted out in support of the project.

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