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Xiaomi Auto: The overall Project expands with two completely innovative financial services

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Its goal Xiaomi is not just the manufacture of Smart electric vehicles, but the company has very big and interesting plans to simultaneously expand into the financial sector of the automotive industry.


Το Xiaomi Car is a colossal project undertaken by his company Lei Jun. This is a revolutionary idea for the Chinese tech giant, which will now launch and mass production of electric vehicles with its official entry into its market Electric Smart Car.

According to information we have gathered in recent months, mainly from the Chinese media, Xiaomi plans to launch car manufacturing in 2024 .



But if we believe that the company's goal of investing billions of dollars in capital is simply to produce an electric vehicle, we are wrong. According to some information coming from one Chinese magazineThe Xiaomi is considering introducing one at a time special system insurance system and financing.

Ο Lin Shiwei , Xiaomi Vice President, stated in an interview that the company will enter the financial its sector automotive industry . All this will fall into the total Xiaomi Auto Project which the company has already started of course. The financial industry promises great growth in the future, and Xiaomi is trying to enter this market with its right foot.

So Xiaomi's plan will include at the same time offer financing but also car insurance, as well as a special - exclusive package «car payments». It is unknown at this time what he will do after leaving the post.

Almost five months after the official announcement of the company to enter the automotive industry, the Xiaomi completed the registration of the new subsidiary with the name Xiaomi Autoo in the industry at September 1.

The first Xiaomi car factory will be located near  Beijing, in a nearby town called yizhuang. Its human resources department Xiaomi Car has already collected more than 20.000 CVs by qualified staff and have already been hired and working on 453 people in the research and development department .

Ο Lei Jun stated emphatically that the Xiaomi did not enter the automotive sector simply to " is located at the center ».



It is certain that Smart electric cars will be transformed from a manufacturing industry to an information industry, and the whole range of Xiaomi products, from smartphones to Smart Home products, will compose a  huge smart ecosystem, and Xiaomi's new electric car will be a great addition to this huge ecosystem of smart products the company has.


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The official community of Xiaomi and MIUI in Greece.
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