Xiaomi Cars Will Go Into Mass Production By H1 2024 Ceo Says
Shortly after, a director of the company’s international marketing department, Zang Ziyuan, confirmed the news on the Chinese social media site Weibo. News of Xiaomi’s future with EVs was well received by the markets, with shares jumping by 5.4%. Reuters reports that this is the company’s largest daily percentage spike since May 12, 2021. Having its EV ready for mass-production by 2025 is a big target for the smartphone manufacturer. It’s worth pointing out that Xiaomi first shared plans for an electric vehicle (EV) in 2015....