Xiaomi plans to launch its electric car earlier than Apple

Xiaomi plans to launch its electric car before Apple

The Chinese company Xiaomi plans to present an electric car of its own production before competitors from Apple.

According to the head of the company Lei Jun, the debut of the model is scheduled for 2024 is a year earlier than Apple's electric car. The presentation is expected to take place in the coming months, and the advertising campaign will be rolled out towards the end of 2022.

The Chinese tech giant will build a new plant capable of producing 300,000 vehicles per year. Over the next 10 years, the concern is going to invest about $ 10 billion in Xiaomi Auto.

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