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Xiaomi’s electric car has top priority for its CEO: Lei Jun leaves command of another brand subsidiary to focus on it

  • September 17, 2022
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As most of our readers already know, Lei Jun is the current CEO and co-founder of Xiaomi and undoubtedly one of the brightest minds the company has today.

As most of our readers already know, Lei Jun is the current CEO and co-founder of Xiaomi and undoubtedly one of the brightest minds the company has today. In the last few months, Lei completely changed his role at the Chinese firmleaving many projects aside and focusing on its most ambitious plan for the future: Xiaomi’s electric car.

In fact, as we were able to learn thanks to Gizchina, Lei Jun announced his resignation as head of Xiaomi Electronics Software Company.one of Xiaomi’s subsidiaries, responsible for controlling the brand’s consumer financing operations related to payments and digital wallets.

First it was Xiaomi Youpin and now a new high-profile resignation

This move is the second major weight resignation formalized by Lei Jun in recent months. Recall that last April, Xiaomi CEO announced that he was removed from Xiaomi Youpin, One of the most popular crowdfunding platforms in Asia and despite said resignation, Lei continues to retain its stake in that subsidiary.


It’s clear that Lei Jun’s aim between his eyebrows is to put all his efforts into Xiaomi’s future electric car, and that’s it. It seems pretty clear that the future of the automotive industry worldwide is going to be electrified.Something that Xiaomi does not want to set aside for reference in the industry.

Actually, Xiaomi currently has more than 1,000 employees working only in the R&D department of such vehicles. Before the launch, which is expected to take place in the Chinese market in 2024, a product that will be loaded with technology like the brand itself showed us in its last big presentation.

So this is a simple move that makes it clear. Lei Jun focused on making the electric car one of Xiaomi’s pillarsIt’s a product we can’t wait to know and see what it can do, as it looks like it will be one of the biggest bases in the industry.

via | Gizchina

Source: Mundo Xiaomi

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