21.1 C

Xiaomi’s own Electric car announcement in the next week

Chinese smartphone maker Xiaomi decided earlier this year to build an electric car, and with respect to we have also heard some days ago that China Evergrande Group is negotiating with Xiaomi to sell shares in the electric vehicle division.

It has been more than 5 months since Xiaomi announced that it will build an electric car. However, after the announcement, there has been no news until today. This doesn’t mean that Xiaomi should buy shares of the aforementioned company because it can build cars itself.‌

However, after Xiaomi announced the electric car production in March this year, Lei Jun subsequently visited many domestic auto companies, including Changan, GAC, SAIC-GM-Wuling, Great Wall, SAIC, Dongfeng, Bosch, CATL, etc.

- Advertisement -TechnoSports Ad

And, now again we have heard that Xiaomi will be building its own car from scratch, and details about the same will be officially revealed by the Chinese company next week. This information comes from the latest report of Science Innovation Board Daily. Along with this, tipster Digital Chat Station has also revealed that the company has been in contact with a world-renowned auto parts and emission technology supplier and is also working on a design plan.

Xiaomi has already denied through a statement about rumors of negotiating with the China Evergrande Group to buy a 65 percent stake. Xiaomi has talked with several carmakers but has not made any decision regarding any partnership for its electric vehicles business Companies spokesperson told.

China Evergrande Group also told that talks with Xiaomi to sell its EV unit are at a very early stage. Earlier, the company had announced that the group was in talks with potential investors to sell part of its stakes, including its EV and property management units.

However, it is worth noting that China Evergrande, Evergrande Auto, and Evergrande Property jointly announced that the company is contacting several potential independent third-party investors to discuss the sale of some of the company’s assets, including but not limited to the sale of the company’s listing Part of the equity of subsidiary China Evergrande New Energy Automobile Group Co., Ltd. and Evergrande Property Group Co., Ltd.

Also Read:

- Advertisement -Follow-Google-News


The Top 10 Most Streamed Movies of 2023 in India

The year 2023 is going to end in two...

Shohei Ohtani signs $700 million contract with LA Dodgers to become the richest MLB player in history

Shohei Ohtani has now become the highest paid player...

Girona shock Barcelona with 4-2 win to restore 1st place in LaLiga table

Girona have stunned the world by defeating Barcelona 4-2...

Don't miss

The Sleep Company [CPS] IN


Astitva Patle
Astitva Patle
Content writer with have a experience of more than 1 and a half year in this field. If you like my content and wanna give me opportunity then please contact at [email protected]

iQOO 9 series could come in India in Q1 2021 with Snapdragon 8 Gen 1

iQOO the Vivo’s sub-brand has unveiled the iQOO 8 and iQOO 8 Pro smartphones in China in the month of August this year. Both...

Apple Music 2021 Top Charts are here: Check all the highlights

Apple Music Top 100 charts 2021 list is in front of us. BTS's Dynamite band from South Korea is the most-streamed song in 2021...

Samsung dominates the Global Foldable smartphone market with 93% Share

The global foldable phone market seems to have reached new heights in Q3 2021, at the same time when Samsung unveiled the Galaxy Z Fold...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.