Xiaomi’s Electric Car Will Be Introduced Next Month

Electric cars are getting more and more popular. Classic car manufacturers, after seeing the success of electric car manufacturers, especially Tesla, started to set up big strategies until 2030. Meanwhile, we know that companies from different segments are also aiming to enter this market.

Although Apple was expected to enter the autonomous vehicle branch, Xiaomi seems to have kept its hand faster. The long-rumored and recently officially confirmed Xiaomi electric car will be introduced next month. The price of the vehicle will be in the middle of 15 thousand dollars and 45 thousand dollars.

10 billion dollar investment promise

Xiaomi has announced that it wants to invest 10 billion dollars in this market for electric cars in the next 10 years. This electric car, known as the “Xiaomi car” until now, will be unveiled in August by the company’s founder, Lei Jun.

The car was designed by HVST Automobile Design. The firm most recently designed the Maven concept car for WM Motor. Xiaomi will now carry out a big advertising campaign to promote its new car.

On the other hand, although Xiaomi will introduce its vehicle next month, it will be necessary to wait a little longer to get on a Xiaomi branded car. The first productions will probably be carried out as prototypes. It will be necessary to wait until 2024 for the sale of the first mass-produced vehicles.

According to rumors, Xiaomi’s first electric vehicle will be either a sedan or an SUV. It seems that we will see the attacks of the company from many different departments in the electric car segment. Would you like to drive a Xiaomi branded car?