Xiaomi wants to sell 10 million electric cars per year

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Xiaomi; remains silent on the range, top speed and other details of the new car. Xiaomi boss said that they aim to sell more than 10 million electric cars per year in order to enter the top 5.


Due to the intense interest in electric cars in recent years, many technology companies have turned to this market. Last year, Chinese Xiaomi was added to the companies that will produce its own electric car and accelerated the work.


Xiaomi aims to launch its first electric car to be powered by the Xiaomi Pilot autonomous driving system in 2024. However, while the first car is expected to be a four-door sedan, it will cost around 150,000 yuan ($21,500) and will be powered by the LiDAR system.


xiaomi electric cars
Image Via www.firstpost.com


Xiaomi's target is 10 million sales per year

Xiaomi boss Lei Jun said that they aim to sell more than 10 million electric cars per year to enter the top 5. According to Lei Jun, when the electric car segment reaches maturity, 80 percent of this market will be dominated by 5 brands and Xiaomi will be one of them.


Xiaomi's target in the industry is big

Xiaomi, which does not want to lag behind its competitors in the electric car market, has opened its mouth to the end. The company is preparing to invest a total of 10 billion dollars in this market in the next 10 years.

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