Xiaomi CEO and founder Lei Jun promise to show a prototype of the company’s first electric car in August. The head of Xiaomi personally ensures that the implementation of the project meets the deadlines of the initial plan. After the debut, the prototype will be sent for road tests, including the first winter tests. Arena EV writes about this.
The team of specialists who developed the first Xiaomi electric car is part of the Shanghai company HVST Automobile Design. She also had a hand in creating the Weltmeister Maven concept car.
As soon as the prototype of the electric car is presented to the public, marketers will begin active work. Recall that in 2021 Xiaomi allocated $10 billion to finance its automotive division.
“The Xiaomi car manufacturing plant will be built in Yizhuang, and the research and development center will be located here.”
Every year, the new company will be able to produce up to 300 thousand cars. In the first stage, this figure will be reduced to 150,000 electric cars. The market debut of the Xiaomi electric car will have to wait until 2024. The IT giant plans to bring to market four different models with price tags from 150 to 300 thousand yuan.