Xiaomi is aiming decisively at the electric car market so much so that it has announced an investment of about 10 billion dollars over 10 years. Not many details of the project have been provided. It had recently emerged that the Chinese electronics giant had completed the registration process of its new division which will take care of it; of electric cars. The chosen name is; Xiaomi EV Inc and to guide it will be & agrave; Xiaomi CEO Lei Jun .
New reports emerge from the Chinese press that try to add some details about Xiaomi's plan.
900 THOUSAND CARS IN 3 YEARS
According to reports, the first electric of the Chinese brand should debut in the first half & agrave; of 2024 . In addition, in the next three years Xiaomi would launch another three battery-powered models on the market. But there is more & ugrave; because & eacute; the company & agrave; estimated to sell 900,000 cars in the first three years . The report refers to the usual people & quot; familiar & agrave; with the question & quot ;.
In any case, like all reports, this too must be taken with due caution since Xiaomi has not yet formalized its precise industrial plan. For example, nothing is yet known about the structures that the electronics giant will use. to get to produce its cars. In this regard, CINNOResearch reports that Xiaomi could follow a double path and that is; lean on an already installed system; to quickly start production and then build its own factory to handle the subsequent demand for the cars.
The company & agrave; he seems to be looking with interest at the Borgward plant in Miyun Park (Beijing) which can rely on a capacity; of annual production of 180 thousand cars. The plant that Xiaomi would build could be built in the Hannan district of Wuhan. Even in this case, however, the information must be taken with due caution.
What is; sure & egrave; that Xiaomi is talking to various companies including suppliers in the auto sector to prepare for the debut of its car. It also recently invested approximately $ 77.37 million in the acquisition of Deepmotion , a company specializing in autonomous driving that will enable to enhance its skills in this sector. In the past, moreover, there was talk of a possible agreement with Great Wall to be able to exploit its factories for the construction of cars.
All that remains is to wait for further news on the Xiaomi project to enter the electric car sector.
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