Smartphone manufacturers continue to venture in the electric car industry. An official statement came from Xiaomi, which last month said it would enter the electric car industry and denied these claims.
Xiaomi’s official Twitter account announced that the company will make a major investment in this sector, while also detailing when we will be able to see the vehicle called the Xiaomi Smart Electric Car.
Xiaomi electric car has become official
A huge investment is coming from the company about the electric car, which will be detailed at the second event today. The company said it would invest $10 billion in the electric car sector and said the electric car is expected to hit the road in the next three years.
People close to the company said that an electric car called Xiaomi Car (Mi Car) will be produced precisely. Another detail in the statement is that this process does not only cover cars. Judging by the description of Xiaomi Smart Electric Vehicles, a more diverse range of products is considered in the style of the Mi Scooter.
As it is known, it is a fact that tech giants such as Apple, Google, Sony and Huawei have a great interest in the field of electric vehicles. Moreover, considering the increase in the demand for electric cars in mainland China, Xiaomi’s car may appear earlier than the mentioned time.