Now, everything indicates that this trend will also reach other companies, which are not necessarily part of the auto industry.
This Tuesday, October 19, xiaomi It confirmed the launch of its first electric car and did so with an indication of its availability date.
According to Lei Jun, CEO of the technology giant, production of the first car of this type will begin in 2024. The information was revealed during an event for the company’s investors held in China.
Xiaomi EV ahead of schedule. Aiming to mass production in 2024 H 1. pic.twitter.com/DKXHdXty2Y
&[مدش]; leijun October 19, 2021
Jun also explained that an electric car is one of Xiaomi’s great goals. Following the announcement, the company’s shares rose 5.4 percent, the largest daily percentage increase since May 12 of this year.
No further details about the car were revealed at the event. According to Chinese sources, the company has been evaluating this electric version since 2013; In fact, it would have launched earlier proposals under the Redmi brand.
For this new phase, the company is considering investing $10 billion for the next 10 years. According to Reuters, production will start at the Great Wall Motor Company’s plant, located in Hong Kong.
With the announcement made during this day, Xiaomi intends to anticipate other tech giants that also have plans regarding electric mobility, among them Apple.
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