Xiaomi's first car could be a reality in less than a year

Xiaomi Automotive 2024

Xiaomi, a reputed technology company and Consumer electronics (considered Apple's Chinese nemesis), has recently confirmed that its first car, which will be 100% electric and will be called MS11, will begin production at some time to be defined in the year 2024. It has already passed several tests in the "beta" phase (prototype). Since the beginning of 2021, the Asian company has been working on its own BEV cars. It has planned to invest around 10.000 million euros in this type of vehicle over the decade. Of course, it is a new market and a completely unknown industry for the brand.

Initially, the Xiaomi MS11 It was going to be presented as a concept product in August 2021, but this did not happen. The opacity of the eastern multinational was attributed to the pandemic situation. Despite the lack of information about it, it is already known that the corporation in question has gone ahead with the project. thanks to the co-founder and executive director of Xiaomi, Lei Jun. In statements to the Chinese media, the CEO has assured that The development of the firm's vehicles has progressed beyond expectations and has successfully passed certain dynamic and quality tests.

xiaomi ms11 2024

The one that will be known as MS11 (if nothing changes), will be the first electric car of a range of four that the company plans to launch in the medium term. Based on a filtered image on the net, it will be a midsize sedan, surely with the purpose of competing directly with the Tesla Model 3. A priori, the products of this class that Xiaomi markets They will be manufactured at a facility the company is building in China that will have an assembly capacity of up to 300.000 units per year.. However, the construction of said facility will be carried out in two phases, the first serving for no more than 150.000 vehicles/year.

As reported, the new “factory” It will start operating in 2024, the same year in which the Xiaomi MS11 will debut. If all goes according to plan, your assembly line could make its debut during the first semester, a period that is too long but which invites us to think about what the first copies of the model could be released in less than 12 months counting from now Almost everything about him is still unknown, although it is known that Xiaomi plans to manufacture its own electric motors, leaving CATL and BYD to deal with the batteries.

Xiaomi's announcement to enter the electric car market is not surprising and joins a long list of technology companies that have begun to invest in this sector, as its barriers to entry are now lower than before (Not as much propellant knowledge is needed.) Will a manufacturer of mobile phones and other series of "gadgets" be able to offer an attractive car both for its design and for its relationship between equipment, benefits, safety and price?

Source - Xiaomi


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