A xiaomi officially began testing its first electric car in the Chinese winter in early 2023. Now the manufacturer has officially completed these evaluations, and the founder, president and CEO of the Chinese giant, Lei Junsaid development is ongoing and production could be pushed back to early next year.
Xiaomi’s first electric car will be launched in 2024
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Xiaomi smart fan has over 100 modes and contains…
The model has a silent mode and can only be used with a battery.
At the investor meeting held yesterday (5), June said the manufacturer’s automotive division has “made more progress than expected” and that the Chinese giant hopes to begin “mass production in the first half of next year” of its first electric car.
As numerous rumors and leaks indicate, the CEO xiaomi very interested in the company’s car project. At the meeting, which was announced dailyThe founder of the company stated that invested more than 3 billion yuanabout BRL 2.2 billion, in the automotive division, which currently employs 2,300 people in research and development.

Estimated appearance of Xiaomi’s first electric car | Credits: Reproduction / Weibo
In addition to investments in cars, the Chinese giant expects to increase its investment from 17 billion yuan last year to 20 billion yuan this year. In total, the manufacturer calculates invest 100 billion yuan in the next five years in research and development.
One of the highlights Lei Jun what’s this the next investments will focus in robotics. This is because these technologies can be used in other areas, even in electric vehicles through autonomous driving.
Xiaomi wants to enter the top 5 car manufacturers
With the production of an electric car company xiaomi starting from the first quarter of 2024. The Chinese giant plans to take ranked among the top five car manufacturers in the world. One of the factors that could help the company in this is the rapid growth of the electric vehicle industry and the presence of various physical stores opened by the manufacturer in China.
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