One of the decisive blows for the universalization of electric cars to become a reality is the company’s landing in this market segment. Xiaomi. It has been obvious for a year that this will happen, but it looks like the Asian company will speed things up. So much so that the first vehicle is expected to be seen much earlier than expected.

Currently, some of the most interesting facts known about Xiaomi’s electric cars are that the company intends to invest. -at least- about ten billion dollars a year for 10 years. To this we must add that the name of the subsidiary company responsible for production is already registered: Xiaomi Auto Co., Ltd.

And what about Xiaomi’s initial production capacity? According to known and confirmed data, the figure is expected to reach the beginning, with the agreement with the company’s own R&D department and HVST (which will be responsible for everything related to design). 300,000 vehicles per year. And if all goes well, the idea is to double the amount as soon as possible.

Time is speeding up by Xiaomi

According to the data just released, it looks like 2023 will be pushed forward to see the first prototype of Xiaomi’s electric car… and there’s a lot to be said. Thus, this month will be August 2022 When Lei Jun (founder of Chinese company) will show the world his first design. And of course, if you keep the way you work, it won’t be the last. The truth is that there will be very important competition for other manufacturers like Tesla.

Xiaomi electric car image


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One of the reasons why this happens is the personal involvement of the aforementioned manager, who spends almost all of his time controlling the production processes in the factory and makes everything stand out thanks to his perseverance. And when will the car go on sale? If everything goes as it should, the normal thing is, early 2024 There will be time when it can be obtained in China -it is expected to reach other markets, such as Spain, where Xiaomi is fully implemented. Wonderful news.

Possible prices of these electric cars

According to the available data, there will be two models with which Xiaomi will attack this market: those belonging to the A + and B segments. The first can be that expensive. about $29,700The L3 will have autonomous driving, while the latter will cost a maximum of $44,500. Very competitive prices and logically the company is expected to develop new cheaper options. In this way, it will offer all kinds of possibilities, as in smartphones.

Source: Cincodias Elpais

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.

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