Xiaomi has accelerated trial production for its first electric car in its new factory established in China. According to sources, the factory has been producing approximately 50 prototypes of the sedan named MS11 per week since last month.
Xiaomi produces 50 electric car prototypes per week
The company, which continues its automobile activities under the name Xiaomi Automobile, has stepped up its gear. The model named MS11, which is still in the prototype stage, is being tested with a production rate of 50 units per week. Before the company can start mass production, it needs to obtain a license from the Ministry of Industry and Information Technology and the National Development and Reform Commission.
Sources revealed that approvals will be received within the next 1-2 months. As a result of this situation, he said that it is planned to start mass production by the end of the year.
On the other hand, Xiaomi has rolled up its sleeves for mass production. While it continues to recruit workers for the factory, it aims to have 100 employees initially. Experts estimate that the factory in China will reach 10 thousand units per month within 4 months after starting production.
Xiaomi also reached an agreement with its suppliers for car batteries. The primary battery supplier of the car, which is expected to take the stage in 2024, is Sino-Innovative Aviation, and the secondary supplier is Ningde Times. The battery weighs 642 kg and will support 800V fast charging.
The company will follow a different path than other electric car manufacturers. According to important sources, the company’s profit from hardware will remain at 1 percent. Therefore, Xiaomi plans to focus on the software side to increase profits.
The Chinese manufacturer plans to launch its first car in the first half of 2024. It was said that the price would be around 200 thousand CNY (27 thousand dollars).
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