Chinese company Xiaomi has long been developing its own electric car. In addition, the popular manufacturer should produce this himself, from the smallest parts. He should confirm this information within the next week.
Electric car from Xiaomi
Earlier this year, Xiaomi officially announced the start of intelligent electric vehicle development. It was also confirmed that the new corporate division will be led by the company's founder and CEO, Lei Jun.
Since that official announcement, the Chinese manufacturer has negotiated with several carmakers, and the topic was mainly to be a joint partnership. However, nothing official has yet been revealed. On the contrary, a recent report revealed that Chinese Xiaomi is trying to acquire a stake in a company called China Evergrande Electric Vehicle.
According to the information available from the source Science Innovation Board Daily, Xiaomi intends to build its own electric car "from scratch," using its own components, including the smallest ones. We should know the details of this intention later this week.
The information was also added by a known profile Digital Chat Station. He revealed that the Chinese manufacturer is in contact with a globally recognized supplier of car parts and emission technologies, while working together on designs. Again, however, this is unofficial and as yet unconfirmed information.
The story continues, Xiaomi refutes speculation
Leaks are one thing, but an official statement from the manufacturer is another. Xiaomi has issued a statement denying rumors about negotiations with China Evergrande, namely the purchase of a 65% stake in the carmaker. A spokesman for the brand adds that Xiaomi has discussed with several car manufacturers, but has not opted for any partnership in the electric car business.
While Xiaomi refuted these leaks, the carmaker confuses the story China Evergrande. She claims that talks with Xiaomi about the possible sale of the said share are at a very early stage. The company has previously announced that it is negotiating with potential investors to sell part of its shares, including those related to the production of electric cars.
Massive investment in electromobility
To make matters worse, Lei Jun, CEO of Xiaomi, visited the headquarters of the Chinese carmaker over the past month. SAIC in Shanghai. In addition to this carmaker, he has visited other companies in the past such as BYD, Great Wall, Wuling, etc.
Local news finally revealed that the company's management has completed in the last 75 days Xiaomi up to 85 visits to various companies in the automotive industry. The management exchanged their views with two hundred experienced veterans of the automotive industry, also had four internal discussions with management and, very interestingly, two formal board meetings.
As Lei Jun said, Xiaomi's goal is to offer high-quality intelligent electric vehicles that will allow users around the world to enjoy a ubiquitous intelligent life. Xiaomi plans to invest approximately in the new subsidiary, which will work on the electric car project 10 billion yuan (approximately € 1,3 billion) over a period of ten years.
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