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In 2024, Xiaomi wants to start mass production of his own cars

At the time of registration, the division had around 300 employees and a capital of ten billion Jan (roughly 34 billion crowns). He recruited workers, but it is not yet clear whether he will make the cars himself or through partnerships with a car manufacturer, Reuters reported.

Xiaomi announced that she has been investing ten billion dollars (roughly 219 billion crowns) in the production of electric vehicles within ten years. Lej n then declared that Xiaomi’s entry into the automotive industry would be his last major business project.

In summer, Xiaomi announced that she had agreed to take over Deepmotion, which focuses on autonomous women’s technology. Xiaomi will pay $ 77.4 million (roughly 1.7 billion crowns) for this acquisition and promises to send research and development activities from us.

According to unofficial information, Xiaomi manufactures electric cars at the factory of the great carmaker Great Wall Motors. The company is going to make cars for the mass market, as it did in the case of a smartphone.

The first rise from the production line should go around 2023 and will be able to connect it with other facilities from the Xiaomi ecosystem.

Xiaomi, in addition to smartphones, also produces boards connected to the Internet, including scooters, air purifiers and more. Thus, electric bicycles are available on the Czech market (view them here). The eight-year-old company is trying to diversify sources of income, most of them smartphones, on which I have a very low margin.

In recent years, companies that have been operating outside the automotive industry have become increasingly interested in the electric car market.



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