Xiaomi is still working on a new electric car project. Although its release is not to take place until 2024, Xiaomi plans to open a factory soon, which will produce this electric car, in the number of up to 300 pieces per year.
New plant in Beijing
The agency came up with this information Reuters. This plant will be able to produce up to 300 electric vehicles a year. It will be located in Beijing. Xiaomi wants to secure mass production of electric cars in this factory in 000.
The plant will be built in two phases. One phase will focus on mass production of electric cars and the other will focus on sales and research offices in the Beijing Economic and Technological Development Zone.
How we are you informed, we should see the first electric car from Xiaomi in the first half of 2024. Then we are expected to see the first pieces in the streets. We are curious if this product will reach the global market beyond China.
Big investment
Xiaomi has already invested a lot of money in this project, with another 10 billion yuan (about 1,3 billion euros) planned to invest over the next ten years. Interestingly, XIaomi has embarked on such a large project outside of its existing portfolio,
Since this is a big investment, Xiaomi does not want to rush anywhere and wants to bring a first-class and flawless electric car product to the market, which will again have a great price-performance ratio, as we are already used to with this company.
Xiaomi now has a few years to test her electric car and can eliminate all the initial problems. We will still wait for this product, but it will definitely be worth it. He is overseen by the great Lei Jun himself.
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