Xiaomi EV: Xiaomi signs new company, launches smart car in 2024
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Xiaomi's second car company is called Xiaaomi Automobile Technology Company Limited
(Picture Courtesy: Google / Image by: . BBC News)
Xiaomi sparked speculation last March about electric cars. According to the company, smart and electric cars are about to hit the market. In March, the company registered a new branch of the electric car manufacturing business Named by Xiaomi EV Company Limited.
In the dream of an electric car, Bivore Xiaomi announced the launch of a new car company. Xiaomi Automobile Technology Company Limited is named after Xiaomi Automobile Technology Company Limited. The company is registered in Beijing. At the time of registration, the new branch had a capital of 1 billion yuan, more than Rs 1,163 crore in Indian currency.
Note that the capital of Xiaomi Automobile Technology Company Limited is one tenth of that of Xiaomi EV Company Limited ($ 10 billion). The new branch is expected to upgrade parts of Xiaomi's car, equipment and technology.
Xiaomi founder and CEO Lei Jun recently announced that his company will launch mass automotive production in the first half of 2024. Xiaomi says nothing, but self-driving features can be seen in the company's first electric car. Because in August, they bought a driver-assisted software developer called Deepmotion. In other words, Xiaomi is moving forward with well-thought-out steps to succeed in the business of electric vehicles such as smartphones.
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