Reporting from Gizchina, Xiaomi 's first electric car will carry an SUV or sedan design.
Xiaomi's electric car is predicted to be able to compete in the electric vehicle (EV) segment as Hyundai and Tesla.
The trend of electric cars in 2022 continues to grow in line with rising fuel prices worldwide.
Electric cars are considered as the best alternative for future vehicles that are energy efficient and environmentally friendly.
The majority of the world's top car manufacturers have also begun to shift their focus to producing electric cars.
Not wanting to lose to global car manufacturers, Xiaomi is following the electric car trend by preparing for their electric car debut.
Xiaomi's long-rumored electric car will be introduced as early as August 2022.
The company pledged to invest USD 10 billion in the development of electric cars in the next 10 years.
Although the announcement of Xiaomi's first electric car will be in August, its launch and sales are quite far apart.
Rumors from Gizhina say that the first Xiaomi electric car will go on sale in 2024.
Xiaomi's electric car will carry the design of HVST Automobile Design.
This company is behind the designs of WM Motor.
Xiaomi is said to be giving a test drive period and a massive promo campaign for electric car .
Rumors say that Xiaomi's first electric car will be priced at USD 15,000 to USD 45,000 or around IDR 225 million to IDR 675 million.
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