Xiaomi First Electric Car Reveal in Next Month

Asadullah

19 Jul 2022

590

Xiaomi First Electric Car Reveal in Next Month

Xiaomi is going to exhibit its first electric vehicle in 2024 as reported during last year. In another follow-up report, this company will disclose the concept electric car during August 2022, whose launching plan is in 2024.

The local tech site made the claim that founder and CEO of this leading technology company, Xiaomi First Electric Car Reveal in Next Month. The heads of the company spared their time on this particular topic and they will start the testing of the EV development after the revelation of this concept. The company is also considering the mass production of this EV in 2024.

The company started the working on EV during March 2021 after making the initial investment of $1.5 billion. The company made the plan to invest $10 billion over next ten years on the newly registered company, Xiaomi Auto Co. Ltd and it is comprised of the production facility, location in Yizhuang and the annual production capacity will be extended to 30,000 units.

The company has the aim to release the supermini and subcompact vehicles and supermini car will have the features of level-2 and subcompact car will have level 3 autonomous driving features.

As far as the worth of these cars is concerned, supermini EV will be started from about Rs.4.6 million and subcompact EV car will be commenced from Rs.6.2 million. These two cars will be considered very expensive and they will be available in EV market.

Xiaomi Electric Vehicles EV Xiaomi First EV Xiaomi Car

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