Xiaomi sets a date for the mass production of its new electric cars

It’s no secret that Xiaomi wants to bet very strongly on the electric car market, and does not want to be a mere player, but to be the main manufacturer of this type of vehicle in just a few months, as they have indicated in their last meeting with investors.

As collected from mydriversXiaomi has just held a meeting with its investors, where the CEO, Lei Junhas spoken about the current situation of the company’s electric car and also other issues.

The CEO explains that the R&D team behind Xiaomi’s electric cars has grown to more than 2,300 members in recent months, and that they intend to start mass-producing their electric cars. vehicles in the first quarter of 2024.

However, they point out that everything has exceeded expectations and the tests on real roads began as early as last December.

If you remember, at the end of last year, it was leaked that Xiaomi was testing its new electric car in extreme cold conditions, even on snow, and with Lei Jun himself he was in command of one of these test vehicles.

Xiaomi wants to consolidate itself as a leader in the electric car industry

The executive has emphasized that more than 140 vehicles are scheduled to undergo tests throughout China in this first phase of the autonomous driving initiative, and that they aim to consolidate themselves as leaders in the industry of these electric cars by 2024.

He adds, regarding the profitability of this new market niche, that in addition to hardware gains, Xiaomi also cares about software gains. Although in the past cars could integrate sales, after-sales service and charging, in the future he says that electric cars can integrate more and more services.

He explains that they have built their own automobile base in Yizhuang in Beijing, and that they plan to build a complete vehicle factory with an annual output of 300,000 cars.

We won’t have to wait long to start seeing these vehicles on our roads, at least in China, because the company plans to start mass production in early 2024.