The Chinese technology giant Xiaomi is seemingly making slow but steady progress in its ambitious endeavor to make its mark on the electric car industry. With initial plans for launch in 2024, the company is working to make waves in the market and build a competing electric vehicle to rival Tesla's offerings.
Different Xiaomi Vehicles and Its Estimated Price of $40,000
According to the story by Giz China, currently dubbed "Modena," the first vehicle from Xiaomi is expected to be made available in 2023 and reportedly contains many interesting features. It is rumored to contain Qualcomm smart chips, NVIDIA Orin X, and an electrical power of 260 kW.
There has been speculation about the battery, with the base model expected to house a 400V battery and the top model a hefty 800V battery. The pricing is estimated to be around $40,000, compared to the initial suggestion of $30,000.
Xiaomi was Founded in 2010 and was First Known for Its Budget Products
Xiaomi is already working on a second electric vehicle, named "Le Mans," which will reportedly launch in 2025. This model is believed to consist of three electric motors, with a "Modena"-inspired architecture. The car was spotted by an insider Jiemian close to the Xiaomi factory.
Xiaomi is a Chinese electronics giant that has positioned itself as one of the world's leading players in the mobile device industry. Founded in April 2010, the company has quickly built a reputation for making quality, affordable devices that cater to budget-conscious and high-end consumers.
Other Products that Make Xiaomi Popular
Initially specializing in mobile phones and tablets, the company has since expanded into other areas of electronics, including televisions, home appliances, wearables, and health products. Focused on providing customers with an enhanced user experience through a unique combination of hardware and software, Xiaomi has had remarkable growth from the onset, with its first set of phones selling out within an hour of launch.
The company continues to deliver great value and performance with each of its products and has established itself as a key player in the global tech market. The company's focus on design and innovation is evident in its popular lines of smartphones, tablets, TVs, and other devices.
Read Also: Tesla Beats BMW as the Top Luxury Car Brand in the US for 2022, Musk Congratulates Team
Xiaomi is Now Venturing Into the Electric Car Space as One Unit was Spotted
Xiaomi devices are known for their affordability and performance and often come with their own software overlay known as MIUI. Developed using Android as its base, MIUI provides users with a unique look and feel while allowing users to access the features and apps they need.
Xiaomi's success has been driven by its commitment to innovation, quality, and customer experience. The company continues to invest in manufacturing and production and has partnerships with major technology organizations like Google, Qualcomm, and Microsoft.
Whether it's an affordable device for the budget conscious, or the latest and greatest innovation for the high-end customer, Xiaomi stands ready to deliver what its users need. Now, the company's electric car has been spotted.
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