They require additional documentation from Xiaomi for the approval of their electric car

Xiaomi is a company that, in addition to mobile phones, manufactures endless products. It also plans to launch an electric car by 2024, but as they tell us in Bloomberg this may be delayed due to regulatory measures that China has imposed. With the growing boom in this automotive field, many companies are trying to launch their own car. Given the number of applications and the failure of many of them, China is stepping up the requirements for the approval of any new electric car company.

Xiaomi has promised invest 10,000 million for this project, the company already has more than 1,000 employees and the land for the construction of its future plant where the vehicle will be manufactured. But the regulatory body has requested additional documentation to the company, this new documentation has to be reviewed and may lead to a request for more documentation. Xiaomi had planned start manufacturing your car in 2024although this date may be delayed now.

to Xiaomi only he practically has the license to start marketing your new electric car on the scheduled date. All this can cause the addition of additional months to the date imposed in 2024, as well as an additional investment to the 10,000 million originally planned.

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