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Xiaomi plans to manufacture electric cars

Xiaomi plans to manufacture electric cars
Xiaomi plans to manufacture electric cars

It

seems

that

it

is

only

a

matter

of

time

for

smartphone

makers

to

start

launching

their

new

products

of

electric

cars,

as

Apple

has

already

made

clear

its

intentions

in

this

regard.

Nevertheless,

indications

confirm

that

Xiaomi

may

overtake

the

technology

giant

in

Cupertino

and

offer

its

first

electric

vehicle

under

its

own

brand.

“Reuters”

reported

in

a

report

issued

by

3

informed

sources

who

refused

to

reveal

their

identity

that

Xiaomi,

one

of

the

largest

smartphone

manufacturers

in

the

world,

is

in

talks

to

use

one

of

the

Great

Wall

Motors

factories

in

China

to

manufacture

cars.

Electric

under

its

own

brand.

One

of

the

sources

said

that

Great

Wall

Motors,

which

had

not

previously

provided

manufacturing

services

to

other

companies,

would

provide

engineering

advice

to

speed

up

the

project,

while

another

source

said

that

the

two

companies

are

planning

to

announce

the

partnership

as

soon

as

possible,

next

week.

Meanwhile,

Xiaomi’s

share

price

rose

by

more

than

9%

on

Friday

afternoon

after

“Reuters”

published

the

news,

and

“Great

Wall”

in

Hong

Kong

rose

more

than

15%,

in

addition

to

its

shares

in

Shanghai

rising

by

a

maximum

of

10%

daily.

.

And

if

the

report

is

true,

this

makes

Xiaomi

the

latest

technology

company

to

join

the

smart

car

race,

and

the

new

partnership

can

be

announced

soon,

while

Xiaomi

and

Great

Wall

have

not

officially

confirmed

the

new

partnership

yet.
Xiaomi plans to manufacture electric cars
Xiaomi plans to manufacture electric cars

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