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Xiaomi’s first electric vehicle production underway

Tech giants are rushing to claim a piece of the electric vehicle (EV) pie, and Xiaomi wants to be among the first with their own vehicle.

The company has announced the trial manufacturing of its first EV, a process that has been going on for over a month. Xiaomi revealed that they have been producing approximately 50 cars every week, delivering all prototypes required for road tests as well as ironing out all manufacturing glitches.

Xiaomi’s EVs are almost ready to go on sale, thanks to a recent green light from the National Development and Reform Commission (NDRC). The remaining obstacle is approval from China’s Ministry of Industry and Information Technology (MIIT). Following that, it will be up to Xiaomi to scale up production and determine when to debut its vehicles.

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The company has invested about €178 million in their EV business in the second quarter of this year alone, and they have set aside a total of €9 billion for the new automotive division’s first ten years.

Dennis Mathu
Dennis Mathu
I cover motoring news, gadgets, software releases, mobile apps and enterprise systems powering corporations. Contact me at [email protected] or [email protected]

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