First details of Xiaomi car appeared

Xiaomi will start working on its own car for two months. This is reported by ITHOME edition.

According to a friend with the plans of the management of the Chinese Corporation, Xiaomi “rapidly” unfolds a project to create a first car. Work on the car will begin for one or two months. According to the first details, Xiaomi cars will be similar to the electrocars of the Chinese company Xiaopeng, which has been present on the market since 2014. The source reports plans for the release of “top models” created with the focus on advanced technology, such as the autopilot function and intelligent battery charge.

Specialists noted the emergence of the entrepreneur Wang Chuan in the project to create a first car from Xiaomi. Chuan is a strategic director of the company – it works in the corporation since 2012, at one time the top manager was developing the concept of supply chain. Also, its merit is the development of the Xiaomi TV unit. “There is no more person in the company in the company,” the insiders noticed.

Analysts and insiders positively met rumors about working on a car project in the company. After the news of the Xiaomi Group shares in the Hong Kong Stock Exchange rose by 2.6 percent.

Messages that Xiaomi plans to enter the car market, appeared at the end of February. Insiders said that the company has no clear plan for the development of this area, but the corporation is very serious. To oversee the project will be directly founder Xiaomi Lei Jun (Lei Jun).

/Media reports.