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Xiaomi’s Mi Car already has the factory where it will be built for its debut in 2024: getting closer No comment

  • September 5, 2023
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It all started with a wish, then turned into an idea; a project starting to grow and reaching the point of progress or closure. And it has continued

Xiaomi’s Mi Car already has the factory where it will be built for its debut in 2024: getting closer No comment

It all started with a wish, then turned into an idea; a project starting to grow and reaching the point of progress or closure. And it has continued so that next year Xiaomi will be able to boast that it produces not only scooters, refrigerators and everything that is in or forms a home, but even cars.

Xiaomi / Mi Car is more and more becoming reality, rather than the dream of Xiaomi co-founder and CEO Lei Jun. And even more today, because Your Xiaomi Car already has a place to be produced: A newly completed factory in Beijing.

Xiaomi car manufacturing plant

According to Chinese media Yicai, Xiaomi has completed the construction of its automobile factory in Beijing Economic-Technological Development Zoneand employees are already at the plant just before the start of mass production of the first Xiaomi car, which is scheduled to start in the first half of next year.

Xiaomi Modena Large

According to the information obtained by Yicai, Xiaomi Automobile has also applied for the “xiaomiev.com” domain name to be reserved on August 2. The company’s already ambitious goal is to To be among the top five electric car manufacturers in the world. According to President Lu Weibing’s announcement on August 30, he has established a long-term automobile business plan for it. It is stated that Xiaomi Auto has completed its summer vehicle tests with better-than-expected progress.

Xiaomi’s most ambitious and most demanding work

In March 2021, Xiaomi announced that it will invest $10 billion in the automotive sector over the next 10 years, with an initial injection of 10 billion yuan (1.28 billion euro). In November of the same year, Xiaomi signed an agreement with the Beijing Economic and Technological Development Zone to develop a project there.

xiaomi cars

As Xiaomi Group Partner, Chairman and Chairman of the Xiaomi Group Brand Committee, Lu Weibing, Xiaomi vehicles successfully passed the summer tests in Xinjiang: “We have not changed our target to start the production and sales of vehicles in the first half of 2024. So far everything is going very well, exceeding our original expectations and plans.“.

He also revealed that Xiaomi’s automotive team currently has around 3,000 R&D members. “When Xiaomi entered the automotive industry, we strategically positioned ourselves to be among the top five electric vehicle brands in the world. D.From the start, our approach was completely self-sufficient. We developed almost every aspect of our first car ourselves“, added.

How much will it be worth? The price of the Xiaomi car

The million yuan question: How much will it cost to buy a Xiaomi car? According to Sui Rui, a professional in the automotive industry, Xiaomi EV costs around 250,000 yuan (31,900 euro). Zhang Xiang, a visiting professor at Huanghe University of Science and Technology, also The cost is estimated at more than 200,000 yuan (25,520 euros)This is partly because if it were lower it would hurt Xiaomi’s market value as a tech company.

xiaomi car

A price of about 250,000 yuan can be very competitive, so Xiaomi needs to make the most of its advantages in human-computer interaction technologies. “It also demonstrates its ability to meet user needs, transforming its first model into an innovative smart vehicle.” Zhang pointed out. “It can then outperform its competitors by improving software development and the ability to control the tool ecosystem and supply chain.”

Yes, We are talking about a fully electric car for about 25-30 thousand euros.. To get an idea, it is possible to find compact petrol cars for 15-20 thousand euros, automatic 5-door family cars for 30 thousand, SUVs and 4x4s for 25-30 thousand in the current market.

When we look at the electric cars, which are the most direct competitors of Xiaomi Car, we see that the price of the car with 25-30 thousand euros will be in the lower-middle part of the table, since there are models such as the 20 thousand euro Dacia Spring. or already 5 doors larger, like the Citroen e-C4 for 37 thousand. And as is often the case, heTesla is already going higher and usually starts with a minimum price of over 40k eurosSo the price of Xiaomi Car would be lower than Elon Musk’s cars.

Xiaomi Car Concept 2

via | Yicai / Xataka

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Source: Mundo Xiaomi

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