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Xiaomi is in talks with automaker BAIC to build its electric car

  • August 27, 2022
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Developing your own electric car is one of the main missions of the company. xiaomi, which even unveiled its autonomous driving technology earlier this August. The company currently

Xiaomi is in talks with automaker BAIC to build its electric car

Developing your own electric car is one of the main missions of the company. xiaomi, which even unveiled its autonomous driving technology earlier this August. The company currently plans to start producing vehicles by 2024, and to do so, it may eventually work together with Beijing Automobile Group Co. (BIKE Group), one of the leading car manufacturers in China.

Xiaomi may buy part of the car factory

25.08.2022 at 17:00
News

Xiaomi has also started selling Redmi smartphones without a charger…

The content description of Redmi Note 11SE states that it will only be sold with a USB-C cable.

O bloomberg states that the two companies are currently in talks to launch an electric vehicle that willproduced by an automaker and will be branded as a smartphone manufacturer.. This supposed partnership will be formed because the owner redmi as well as PIT is facing regulatory challenges that could lead to a freeze on his $10 billion project to build his own car.

OUR xiaomi you will have to make some investments to be able to design and manufacture your car with BIKEone of them should be buying Hyundai Factory Share No. 2 in Pekin. This building was created Hyundai and a Chinese automaker in 2002, but EV production will require investment.

Credits: Xiaomi Disclosure

What can be very useful for a smartphone manufacturer is that this setup could act at hand to create electric vehicles and already has a license to manufacture automobiles in China. If both companies reach an agreement, the models should be produced BAIC BluePark New Energy Technology and will only get the name xiaomi.

Xiaomi electric car will have many competitors

While trying to get approval from the authorities to produce its first car, the Chinese company is lagging behind several other tech giants in its country. In addition to them, she will soon have to face international giants such as Apple.

At present, the Chinese giant has hired 1,000 employees for its automotive division, with several plots of land purchased to house new factories. The company expects to start selling its first electric vehicle in 2024.

DJI Avata is an easy-to-fly, first-person drone, perfect for beginners

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Via: GSMArena Source: Bloomberg

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