Xiaomi’s founder, Lei Jun recently unveiled the company’s debut of its first electric car. The prototype is expected to be revealed this upcoming August. Xiaomi’s initial plan was to launch its first electric vehicle (EV) in 2024 but seems like we are going to see the product sooner than we thought. This is not the first time we hear about Xiaomi’s plan to extend its wing to the electric vehicle market. The company had already made the information known to the public in 2021.
According to a report, Lei jun personally monitored the progress of the company’s first car. The company will run a series of tests including the winter test, right after its launch in August. It is also reported that the EV is planned to be mass produced in 2024. In conjunction with the launch, the company is planning to look for a PR director for a promotional campaign that is coming next month.
The Xiaomi Auto headquarters and its R&D division in Yizhuang are reportedly being built. The facility employs more than 1,000 employees and has the capability to produce 300,00 cars every year. Additionally, the first EV prototype will be designed by HVST Automobile Design, a company that is involved in designing the WM Motor Maven concept car.
Xiaomi is expected to launch two segments of cars namely A+ (L2 autonomous driving) and B (L3 autonomous driving). The former’s estimated price range is starting from 150,000 Yuan ($22,230). As for the latter, the price would likely be around 300,000 Yuan ($44,460).
