- Xiaomi reportedly wants to use a Great Wall Motors plant to provide wings to its EV dreams.
The developing buzz surrounding electric powered cars has now no longer only meant traditional vehicle makers looking at battery power to power their respective desires; however, such vehicles have also caught the fancy of tech organizations recognized globally for their array of gadgets.
While Tesla has pretty the lead on electric-powered cars, task to its area of prominence may also come a lot from those tech giants as from conventional car agencies. After reviews, Apple is gearing as much as expanding its EVs, which can come to be a fact in some years from now; Xiaomi is reportedly looking at diversifying into the beneficial field of battery-powered automobiles.
This may be a massive step in the international car market as Xiaomi’s domestic base of China is already one of the biggest EV markets in the global. Here are 5 key things to know about Xiaomi’s car plans, desires and more: Xiaomi is one of the globe’s biggest producers of smartphones. In 2020, the organization overtook Apple as the world’s third-biggest phone maker. But smartphones are not its only core area of strength. Over the years, the Chinese organization has diversified into producing tv sets, wearables, home appliances and more.
Xiaomi has additionally dabbled in the car world before. It had teamed up with Lamborghini for a supercar-stimulated GoKart known as Ninebot GoKart Pro. Before this, it had showcased its Redmi Bestune T77, an SUV with 143 hp of bragging power.
Reuters stated on Friday that Xiaomi Corp plans to manufacture its electric-powered cars using Great Wall Motor Co Ltd’s factory. Shares of Xiaomi and Great Wall Motors jumped as soon as the record got here out. While Xiaomi hasn’t officially shown its plans of diving into the world of EVs, several reviews recommend that CEO Lei Jun himself has plans of leading the charge whether the eventual product could be par with what’s already on roads global stays to be seen.
Modern cars, specifically EVs, have become more technologically superior than ever before. A mile-long listing of gadgets, displays and functions are broadly seen as methods to woo buyers. In this direction, steps may also have also emboldened groups in the consumer electronics space to don’t forget a debut in automobiles.
