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Xiaomi founder Lei Jun could present a prototype electric car in the coming weeks.

When we try to bridge the gap between new technology companies and the automotive world, we often think of big names like Samsung or Apple and its very secret “Apple Car” project. But the name of Xiaomi is mentioned much less. However, the Chinese smartphone manufacturer intends to enter the automotive market very soon, and this could make a lot of noise.

According to the first information we have, Xiaomi is about to present its very first electric car. If the model should make its arrival on the market in 2024 only, the presentation of all the details of the vehicle will take place in August, assure the informants best informed about the brand.

A very first electric car

In all likelihood, it is the founder of the brand who should make this announcement before the end of the summer. Lei Jun would indeed be very close to the project, he who would spend two thirds of his time in the “Auto” department of the Chinese brand. In close collaboration with the HVST Automobile Design brand, this very first electric car should therefore make its arrival in a sector that the brand does not know.

With great ambitions, Xiaomi should therefore launch a whole test phase around its electric car this winter, particularly with regard to road holding and driver and passenger safety. If we are obviously going to know a lot more in August, Xiaomi’s first car seems to come in two versions.

An electric, autonomous and inexpensive car?

The model should be identical, it is the part of the car’s autonomy that could change between each version of the car. The first, with the lowest level of autonomy, should allow the Chinese brand to greatly reduce prices and offer a car around €25,000. As for the more autonomous car of the two, the price range could be around €30,000 or even €40,000 in the very well-equipped versions.

Confident for the future, the brand has already invested nearly a billion dollars in the development of the “Auto” branch. This notably allowed the construction of a large factory in the suburbs of Beijing. The latter should be able to produce 300,000 cars per year. For his part, Lei Jun has already announced that this project will not be a shot in the dark and that Xiaomi’s presence in the world of electric cars is for the long term. The brand plans to invest 10 billion dollars in the next 10 years.

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