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Xiaomi electric cars

Dec 22, 2021

Xiaomi electric vehicles will soon hit the market

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The Xiaomi company will build a plant near Beijing for the production of electric vehicles of its own brand with a capacity of 300 thousand cars per year, reports Reuters, citing the department of economic development of the city.

The company has already registered its automotive division, and also announced that in the near future it will invest 10 billion dollars for the implementation of the project over 10 years.

Taking into account success of the Tesla Model Y in the Chinese market, it is likely that Xiaomi's first model will be an SUV. However, in a public poll from the manufacturer, 45% voted for the classic sedan car.

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