Xiaomi is ready to present a prototype of its first car - media

Early last year, Xiaomi officially announced its entry into the automobile market. A lot of time has passed and

The Chinese company seems ready to show off its development.

What and when will they show?

According to media reports, in August, Xiaomi will holdpresentation at which he will present a prototype of his first electric car. The team behind the upcoming car comes from HVST Automobile Design, which is responsible for WM Motor's Maven concept car.

But for now, this will be just a prototype, notfinal version. After the presentation, the prototype will start road testing, including the first winter testing. A marketing campaign will also begin: Xiaomi has already hired a PR director.

Recall that the Chinese manufacturer allocated 10billion dollars over the next ten years to develop its automotive division. The Xiaomi Auto factory will be built in Yizhuang, where the company will also have a research and development center. The expected production capacity is 300,000 vehicles per year when the plant is at full capacity. Initially, 150,000 vehicles per year will be produced, with the first models leaving the site in 2024. The R&D team already has over 1,000 employees and continues to grow.

Xiaomi plans to release 4 different models,covering the A+ and B segments. The A+ segment model will be priced between $22,200 and $29,600 and will feature L2 autonomous driving support. Segment B vehicles will support L3 autonomous driving technology and cost between $29,600 and $44,400.

Do you know that

The most popular Xiaomi products on Aliexpress are:

  • 19-in-1 electric screwdriver for easy handling with small parts
  • Xiaomi Mijia Blackboard 10-inch monochrome graphics tablet for $13
  • POCO M3 Smartphone
  • control center smart home Xiaomi
  • AirPods killer – Xiaomi Air2 SE
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