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Reading: Xiaomi, a Chinese technology behemoth, has started selling electric cars.
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Baner Club > Blog > Technology > Xiaomi, a Chinese technology behemoth, has started selling electric cars.
Technology

Xiaomi, a Chinese technology behemoth, has started selling electric cars.

Xiaomi, the Chinese technology giant, has announced that it will begin delivery of its first electric vehicle (EV) this month, marking its first step into the cutthroat automotive market.

Last updated: 2024/03/12 at 9:41 AM
Published March 12, 2024
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The car’s price is likely to be disclosed on March 28.

China’s fifth-largest smartphone manufacturer claims it has 59 outlets in 29 locations around the country to accept orders.

It comes as a price battle between companies such as BYD and Tesla heats up in China, the world’s largest auto market.

Xiaomi’s CEO, Lei Jun, stated at the presentation of the Speed Ultra 7 (SU7) last year that the business aspires to be one of the world’s top five automakers.

The smartphone giant has stated that it will invest $10 billion (£7.8 billion) in its vehicles business over the next decade.

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admin March 12, 2024 March 12, 2024
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