Xiaomi Considers Entering The Electric Car Market

Written by Valdemar Medeiros

Published on 23/02/2021 at 10:31

Updated on 24/10/2021 at 11:29

carro elétrico da xiaomi

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Xiaomi Electric Cars May Heat Up The Electric Market With Low Prices

The Chinese company Xiaomi, globally known for selling everything at low prices – from smartphones to ceiling fans – will compete in a new market: electric cars. The debut in the automotive sector will be marked by the launch of the Bestune T77, which will be produced from a factory already operational in the Chinese market, Bestune, a division of the local automaker FAW.

Xiaomi Electric Cars

According to a report from iFengNews, the project for Xiaomi’s electric cars is reportedly under the direct care of the founder and CEO of Xiaomi, Lei Jun.

The billionaire has a long-standing interest in electric and autonomous cars – in 2013, Jun made two trips to the United States for meetings with Elon Musk, CEO of Tesla.

ARTICLE CONTINUES BELOW

Electric Car Market May Take A New Turn

Lei Jun is optimistic about entering the intelligent electric car market, along with his closeness to Xpeng Motors, so the false rumors about the development of cars by the Xiaomi Group did not stop.

In December 2020, for example, it was announced that Xiaomi would join BYD to build the “First Car For Young People,” the Qingyue S1, and then the official response was that there are no plans to build a car. Xu Jieyun, the former general manager of Xiaomi’s public relations department, said on social media: “Anything about Xiaomi wanting to build a car is fake news.”

Xiaomi Promises Fast Charging For Electric Cars

Using a direct current charging station, the promise is to charge the battery from 30 to 80% in 1 hour (there is no official data, but it should support a power of around 40 kW). In terms of performance, the car, equipped with rear-wheel drive, reaches a top speed of 100 km/h.

Xiaomi Considers Entering The Electric Car Market

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