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A Worthy Competitor to Tesla? Xiaomi Makes It Clear That It’s Truly Entering The Electric Car Market. The Chinese Company Had Already Announced Its First Hydrogen-Powered Electric Motorcycle And Now It Has Registered New Patents In The Automotive Sector
With each passing day, the Chinese brand Xiaomi is expanding its business, moving from smartphones to the electric car market. Last month, the Chinese company had already announced its futuristic hydrogen-powered electric motorcycle and now has registered new trademarks that involve cars that could compete with Tesla models.
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Xiaomi Registers Electric Car Trademarks In Its Database
Xiaomi Technology Co has applied for trademark registration related to electric cars, according to GizmoChina. According to the announcement released by GizmoChina, the company has been investing in contracts with software engineers for vehicles. The registered trademarks were: Xiaomi Motors, Xiaomi Auto, MiMotors, and MiAuto.
The electric car trademarks of Xiaomi were registered in the categories of advertising sales, storage, and transportation, and the current status is “registration application.” It is clear and evident that the Chinese company intends to enter the electric car market and possibly even compete with Tesla.
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Could this be a major competitor to Tesla? According to Xiaomi’s CEO, Lei Jun, the Chinese company was willing to risk its reputation to enter the electric car market. He stated that the initial investment for the segment would be around US$ 1.5 billion, but it is still unknown what the name of the car manufacturer will be.
Other Investments Of Tesla’s Future Competitor – Hydrogen-Powered Electric Motorcycle
Last month, Xiaomi had already announced the project of its first hydrogen-powered electric motorcycle. The electric motorcycle was named Segway Apex H2, and it’s a continuation of the Segway Apex line, which began production in 2019. The Xiaomi electric motorcycle is a hybrid motorcycle that combines an electric motor and an internal combustion engine through a hydrogen cylinder.
According to Tesla’s competitor, the electric motorcycle consumes only 1 gram of hydrogen per kilometer and will have a recharging time much shorter than conventional electric motorcycles, but as not everything is perfect, the electric motorcycle has a small obstacle, which is the supply of hydrogen cylinders, which are not available at every gas station.
The Chinese model also features a futuristic design with two oscillating arms (fork/pivot) on the right side giving the impression that the wheels float above the ground. Although production has not yet started, the company has already begun taking reservations for orders.
The estimated timeframe for the first deliveries is 2023, with a price of US$ 10,700 (R$ 59,580.00 in direct conversion). In the same month, the CEO of Xiaomi also spoke about the company’s electric car, which is expected to be an SUV or sedan, and also stated that the price of the electric car could range from 100,000 to 300,000 yuan (in direct conversion reaching R$ 255 thousand), but there is still no forecast for when the electric vehicle will be sold or even presented.
Xiaomi Aiming For Sustainability
Various companies today, in addition to trying to provide a better experience for their customers, also aim to transform the world into a more sustainable place.
Xiaomi, initially, was well known for its smartphones and gadgets and many more products, such as helmets for cyclists. The company entered the car sector in mid-2019, launching its first car, which was not yet electric.
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