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Xiaomi’s first electric car to compete with Tesla

Xiaomi plans to compete with Tesla itself in less than 10 years, and that’s actually for a company that starts from scratch in this electric car It requires a lot of resources, including a lot of money and ingenuity, a staff of well-qualified experts that Lei Jun directly manages, and why not say it too? a good dose of media hype that in Haidian they always wear.

Be that as it may, we have not had much progress for months with this new electric car that should be an SUV or a competitively priced sedan, although according to various local media the next step should be very close and it will be very important, because Xiaomi is going to present the first of its EV vehicle prototypes in just a few weeks, throughout the month of August 2022 in China. The first prototype of Xiaomi’s first electric car is ready.

There is no definite date yet, according to what they tell us, but again It will be Lei Jun who jumps on stage to show us his progress with Xiaomi Automobile showing what will be, in effect and in practice, Xiaomi’s first 100% electric car.

They say from China that Xiaomi Automobile maintains its deadlines to try to produce some 300,000 units of its electric car annually from 2024, starting with this prototype that will be presented in August and will begin its tests immediately around the planet.

Xiaomi Automobile is official: 300 employees and many millions of dollars to build the Xiaomi car. As we mentioned, it will be just a prototype or ‘concept car’ following the jargon of the automotive industry, but obviously is one of the most important steps for any manufacturer seeking to take both critics and investors with it, and definitely making believe that Xiaomi can be a rival of Tesla as we were promised.

In reports posted on social media in China, it is stated that after this presentation the first units of the Xiaomi EV car will hit the road in the form of “mules” to start testing in the Real World ™ including the classic winter tests and the almost infinite kilometers around the globe.

They say that from Xiaomi Automobile the given deadlines are maintained for a production that should start, at a commercial level and in series, looking ahead to 2024 confirming in passing that HVST Automobile Design will be in charge of the design of this first vehicle (it is the same company that designed the WM Motor Maven).

Xiaomi’s idea is to power manufacture about 300,000 cars annually in its first assembly plants, with vehicles for segments A+ and B that will have level 2 autonomous driving and estimated prices around 23,000 and 29,000 dollars starting.

Xiaomi has always been ambitious and for Lei Jun his entry into the automotive industry is almost a personal bet, so with a multi-million dollar investment of about 10,000 million dollars over the next 10 years and seeing what they have done in other sectors such as mobile phones or household appliances, we can expect the best also for electric cars… Or not? Xiaomi’s new car details: a sedan or an SUV with a competitive price.

Ron Harold

It has been a long time since I joined Research Snipers. Though I have been working as a part-time tech-news writer, it feels good to be part of the team. Besides that, I am building a finance-based blog, working as a freelance content writer/blogger, and a video editor.

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