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Xiaomi Plans To Get EVs As Smartphone Business Takes a Hit Due To Chip Shortage, First EV Expected by 2023

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The Xiaomi electric car will reportedly be in line with the rest of the company’s price sensitive product portfolio that is dependent on smartphones.
Chinese smartphone and electronics giant Xiaomi is reportedly gearing up to launch its own electric cars, in partnership with major Chinese EV manufacturer, Great Wall. A Reuters report on the matter cites unnamed sources with knowledge of the matter to state that the company is already in talks with Great Wall for how to go about the process of a Xiaomi-branded electric car — discussions which likely include pointers such as design inputs from the brand, the feature offering, smart connectivity, advanced driver assist tech and more. It is not clear at this stage as to how much of an input may Xiaomi have on this apparent electric car, but engineering and mechanical details will almost certainly be left to Great Wall’s discretion. While Reuters states that both Xiaomi and Great Wall declined to comment on the matter, that does not suggest that the report may be shooting too far in the dark.

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