Xiaomi already has its hands in lots of businesses. Mostly in China, they are in every possible product from your underwear to smart homes IoT systems. Xiaomi showed its interest in electric vehicles, the EVs market seems to get a huge push. With the rising fuel prices and depleting resources, EVs are hailed as a future. The Xiaomi EV is expected to come till 2024 in mass production.
After launching the Xiaomi EV Company Limited, Xiaomi has launched a new company. The second car company is known as the Xiaomi Automobiles CO LTD. It’s starting off from Beijing and is said to have registered capital of 1 billion yuan. Reportedly, OnePlus is also jumping into the EV markets in India.
The Xiaomi EV is expected to have the names and the back-end work is to be done by the new firm. Xiaomi Automobiles CO LTD is said to interact with new energy vehicles, vehicle manufacturing, and technology development.
The automobile firm probably is responsible for the actual vehicle manufacture of EV. Xiaomi’s founder Lei Jun revealed that it will start mass manufacturing its own electric vehicles in 2024. In the first half of 2024, the Xiaomi EVs are likely to get with the customers. A sneak peek they have revealed the same MI Homes will be handling the sales of the EVs.
Xiaomi may have its plans, more tech giants are expected to jump into the EV markets. The EVs market is now seen as a “Booming” market. Don’t forget to join our telegram group for more wallpapers, Themes, Ringtones Update – https://getdev.me/telegramdev.