According to Bloomberg News, Xiaomi plans to spend 15 billion US dollars to enter the field of electric vehicles. Xiaomi declined to comment on this. It is worth mentioning that the previous 36Kr report stated that Xiaomi is expected to establish a car project in April as soon as possible, focusing on technological attributes and positioning in the mid-to-high-end market. The person in charge of the car-making plan is Xiaomi veteran Wang Chuan.
In addition, Lei Jun, Chairman and CEO of Xiaomi Group, when participating in Xu Zhiyuan’s dialogue column, revealed that “Xiaomi has a big project recently and has prepared 10 billion U.S. dollars.” Xiaomi does have sufficient funds to invest in car building. The latest financial report shows that Xiaomi is in In 2020, mobile phone shipments will be 146 million units, annual revenue will be 245.9 billion yuan, and cash reserves will exceed 100 billion yuan.
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A partner in close contact with Xiaomi told Sina Technology that Xiaomi’s car-making project is gradually speeding up, and the initial focus is on vehicle software. This in itself is Xiaomi’s strength and is also in line with Xiaomi’s route.
Xiaomi currently has 34 patents related to automobiles, of which the number of patents for smart cockpits accounts for more than half of them, which is 18, which are concentrated on in-vehicle control, interaction, display and navigation; driving safety There are 12 patents covering smart car driving control and remote control; the rest are parts maintenance and charging patents. Affected by this news, Xiaomi Group pulled up more than 3% in late trading. As of the close, Xiaomi Hong Kong stocks rose by about 2.2%.
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