The first official information about Xiaomi’s involvement in the automotive industry has been confirmed these days. Everyone is now wondering what the next electric car made by Xiaomi might look like.
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Chinese websites have been fibrillated by the news that the local technology manufacturer, which is also one of the world leaders in the market for mobile phones and wearables, will build an electric car. The move did not surprise many people, as it is relatively easy for IT giants to enter the once sacred ground of the car industry.
Electric cars are relatively simple constructions, in fact wheeled computers rather than brain cars. That’s why Tesla has wiped out the traditional automotive players on foot, and Apple is preparing to lend a hand. In the case of Xiaomi, the Chinese giant already holds an impressive number of patents in the field of electric cars, so the pace should not be so great.
The move was made official a few days ago, when Xiaomi announced the establishment of Xiaomi Motors Co., Ltd. The Chinese giant also bought Deepmotion Tech autonomous car technology company in August, a statement of intent and a discarded glove. Tesla, the technological leader of electric cars and autonomous driving. However, Xiaomi did not provide further details about the roadmap of the newly established company, nor about its possible projects.
The next electric car manufactured by Xiaomi: Simple design and surprising details
The project has already ignited the imagination of Xiaomi fans, and the first renderings of a possible future electric car have begun to appear on Chinese social networks. The project posted by “Mo Fei”, entitled Xiaomi M1, which has a simple and attractive design, like all Xiaomi products, draws special attention.
Mo Fei, who is quoted by the Chinese publication Fast Technology, says the Xiaomi M1 will run the locally developed MIUI for Car operating system, which will provide autonomous driving functions, intelligent control, Xiao AI voice assistant and a central holographic screen for accessing the car’s functions.
Xiaomi boss Lei Jun announced that he has put $ 10 billion into the development of the company’s first electric model. According to the latest financial information, Xiaomi had revenues of 37.6 billion dollars in 2020, while the company’s cash reserves amount to 15.3 billion dollars. We don’t know if all these billions are enough to develop a competitive electric car, but we certainly know that Elon Musk didn’t have that money when he launched the Tesla Roadster project.
Maybe it doesn’t hurt to mention that in the photo posted by Lei Jun with the staff of the future Xiaomi car development team, none other than Tianyuan Li appears, the one who signed the exterior design of the BMW iX. I highlighted it in the photo, so you can understand that Xiaomi is not playing with this project.
Dyson, which in turn announced an electric car, can talk about how tough the car industry is. After “burning” half a billion dollars, the British manufacturer of vacuum cleaners, which holds numerous patents in the field of electric motors and batteries, quietly withdrew from this project. James Dyson, the company’s founder, is one of the richest people in the world, with an estimated fortune of $ 22.5 billion.
Source: Promotor by www.promotor.ro.
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