When thinking 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 an announcement recently made by the company in which they announced their foray into the electrical automotive industry under the name of Xiaomi Automobile.
As a first step to launch this project, Xiaomi has finalized its commercial registration in China as Xiaomi Automobile Co. LTD. And while the company has become a benchmark in the smartphone sector, its position has been threatened against other manufacturers.
It is for this reason that the company decided to expand its horizons and look for a niche in electric mobility in which to gain space. They already did it some time ago with the manufacture of electric scooters, bicycles and mopeds, which are good value for money.
This gave Xiaomi the necessary impetus to take the initiative and advance to the next level within this sector: electric cars.
In that sense, it was speculated that the company Great Wall Motors (GWM) would be involved in the project offering Xiaomi consulting services to carry out the development of the engineering to be incorporated into its electric car.
Also, it was said that GWM would offer its facilities to carry out the assembly process of Xiaomi’s electric car.
On the other hand, Lei Jun, founder, president and CEO of Xiaomi Group will be the person in charge of carrying the Xiaomi Automobile address, a division that so far has a team of almost 300 people willing to work and make the first electric car of this company a reality.
It is planned to launch this model to 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 the construction of this electric car. So too, 60 billion yuan They have been arranged as support for the project.