Xiaomi Set to Expand Electric Vehicle Production: A Bold Step Into the Automotive Industry

Xiaomi plans to ramp up electric vehicle production, exploring strategies to compete in the global EV market.

Matilda

Xiaomi Set to Expand Electric Vehicle Production: A Bold Step Into the Automotive Industry

Xiaomi, the Chinese tech giant best known for its smartphones, is making waves in the automotive industry. On February 7, 2025, CEO and founder Lei Jun confirmed that the company would be exploring ways to ramp up its electric vehicle (EV) production capacity. This decision comes on the heels of the company's debut in the EV market, with the Xiaomi SU7, an electric vehicle that was first showcased in December 2023. Xiaomi's commitment to expanding its EV production marks a significant shift in the company’s business strategy and highlights its growing ambition in the global automotive market. Xiaomi's Entry into the Electric Vehicle Market Xiaomi has long been a leader in consumer electronics, particularly smartphones, but its foray into the electric vehicle market represents an entirely new and ambitious direction for the company. In 2023, the company officially unveiled its first EV model, the Xiaomi SU7, during an event in Beijing. The announcement of this new product was…

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