Xiaomi New Electric Car: Price range and other details

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In a relevant development that took place just over a week ago, Xiaomi officially announced its intention to enter the arena of electric vehicles with an investment exceeding $ 10 billion over the next decade. .

In a recent live video stream after a Weibo investigation, Xiaomi CEO Lei Jun revealed the price range and vehicle type of their smart car. It was revealed during the session that the vehicle will be either a sedan or an SUV and will cost between $ 15,000 and $ 45,000.

The price of the car implies that it would be targeted at mid to high end car buyers. Lei Jun added that the company is analyzing either a new design for the logo or a modification of the current logo to make it look more fluid instead of an old square look, as the logo will signal the imminent arrival of the electric vehicle.

In the Weibo survey, the company asked the public about their preferences regarding several features of the company’s new electric vehicle, including body type, price range, and whether or not people would approach cars bearing the Xiaomi brand.

The tech giant added that the first phase of the project will include 10 billion yuan (about $ 1.52 billion), and Lei Jun himself will lead the EV subsidiary as CEO. With these events in mind, there is no longer any doubt as to whether Xiaomi’s EV effort is good news.


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