Beijing, March 6. Chinese tech giant Xiaomi will begin mass production of its first electric cars in early 2024 after passing all relevant tests, the company’s founder Lei Jun reported today during a training session. the National People’s Assembly (ANP, Legislative).
Lei explained during a plenary meeting of the Beijing delegation that the “progress” in the production of Xiaomi’s car has “exceeded expectations”.
“The vehicle has successfully passed the winter test and it is expected to be launched next year,” the ANP delegate also said, adding that mass production would start “in the first half of 2024.”
The executive said he devotes “half his time” to the automotive sector, in which he invested more than 3,000 million yuan (434 million dollars, 408 million euros) in 2022 with an R&D team that has exceeded 2,300 people.
In March 2021, the technology company announced its entry into the electric vehicle sector with the creation of a subsidiary, managed by Lei himself, which would invest some 10 billion dollars (8.515 million euros) over the next ten years.
Xiaomi already makes a few small electric vehicles such as scooters, and has also partnered with Chinese company Super Soco to jointly produce electric motorcycles. ECE
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