Last week, Xiaomi officially confirmed that it is entering the electric vehicle market, and now details about the first new product have appeared on the network.
The company’s CEO Lei Jun, in honor of the 11th anniversary of Xiaomi, hosted a live broadcast on Weibo. The CEO told fans that Xiaomi’s first electric car will be a sedan or crossover. The company has not yet decided on the type of body, but given the popularity of the Tesla Model Y in China, it is likely that the manufacturer will stop at the second option.
As for the price, the new product, according to Jun, will cost in the region of 15-45 thousand dollars. That is, we are talking about a car in a budget or medium price segment.
Finally, the CEO also debated whether it was worth producing an electric car under the Xiaomi trademark or coming up with a separate brand for the novelty. The company is still thinking about this issue, but Lei Jun believes that the new Xiaomi logo could fit into the future electric car.