Xiaomi CEO Reveals Price Range and Other Details About Its New Electric Car

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In a current live video stream after a Weibo review, Xiaomi’s CEO Lei Jun told the

price support and the transport type of their smart car. It was published in the

session that the agency would either be a sedan or an SUV and that it would cost

between $15,000 and $45,000. The price of the car suggests that it would be

targeted towards the mid-to-high-end car buyers. Lei Jun further combined that

the company is holding either a new design for the logo or changing the modern

logo to give it a more smooth look rather than an old boxy look, as the logo shall

signal the impending return of the EV. In the Weibo survey, the group asked the

public about their decisions pertaining to several aspects of the club’s new EV,

including body type, price range, and whether or not the people would gravitate

towards cars with Xiaomi’s trademark name.

In a related development that took place just over a week ago, Xiaomi officially

published its plans to enter the EV arena with an endowment topping $10 billion

over the next decade. The tech giant further added that the first stage of the

project would incorporate 10 billion yuan (roughly $1.52 billion), and Lei Jun

himself will spearhead the EV subsidiary as its CEO. With these events in mind,

there’s now no question as to whether or not Xiaomi’s EV effort is solid news.

Source: https://propakistani.pk/2021/04/07/xiaomi-ceo-reveals-price-range-and-other-details-about-its-new-electric-car/

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