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First electric car from Xiaomi is coming next year

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Xiaomi is planning to launch its first electric car, and car in general, next year. We did not get an official confirmation from the company, but one of Xiaomi’s suppliers seemingly confirmed it.

The very first electric car from Xiaomi will allegedly launch next year

This information comes from CNMO, a Chinese news outlet. It is said that a supplier involved in the project says the pricing for the car is now finalized, suggesting that the launch will follow next year.

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We do not know what the price will be, however. A price of CNY149,900 ($20,777) was tipped earlier, but it turned out to be completely false. Wang Hua, the head of Xiaomi’s public relations confirmed as much.

Xiaomi’s president, Lu Weibing, confirmed back in May that Xiaomi’s car production is steadily advancing. He also said that the project entered an accelerated development stage.

Xiaomi is allegedly planning to do more summer and winter tests this year. If everything goes according to plan, this car could launch in the first half of next year.

It will arrive to China first, and it remains to be seen if it will be sold elsewhere

One thing to note is that the car will launch in China first. If it ends up being a success, chances are that it’ll take Xiaomi quite a bit of time to offer it elsewhere, if that’s even what the company is planning to do.

More competition in the market is always welcomed, as the users are the ones who end up benefiting from it. So, it would be nice to see Xiaomi’s offering enter the electric car ring, for sure.

We’ve seen Xiaomi manufacture and sell all kinds of products, from portable air compressors and smart lights, to electric scooters, power banks, and smartphones. The company produced various other products too, though not all of them made it to global markets, not even close.

It would be nice to get confirmation from Xiaomi itself regarding its electric car project, but until then, these reports are all we have to go on.