There may be a possible collaboration between its new department Xiaomi Motors Co for electric drive and the state car manufacturer China FAW Auto.
As announced by government of the Chinese province of Jilin On its official website, a first formal meeting took place last week between Xiaomi's founder and CEO, Lei Jun, and local representatives on the partnership between Xiaomi and a carmaker.
Specifically, a possible collaboration between Xiaomi's new electric vehicle division and the state-owned carmaker was discussed. China FAW Auto. This marks a possible full cooperation of Xiaomi with China FAW Auto to build cars, or just use its factories China FAW Auto for the construction of her first car.
The outcome of the talks with FAW remains unknown
No information was provided on the possible outcome of the talks between Xiaomi and FAW Auto, so it remains to be seen if there were any specific goals or just if the meeting was only of a formal nature.
Η FAW Auto Group, formerly known as First Automotive Works, is the oldest and largest car manufacturer in China and was founded in 1953. Today the FAW is known as the second largest manufacturer of trucks in the world weighing six tons or more, but also manufactures various passenger cars.
In fact, some German companies also have close relations with FAW. The engine manufacturer Deutz has a share 50% one hundred to its subsidiary FAW, for the manufacture of diesel engines and also leads this section.
Η Volkswagen has also formed a consortium with FAW, which sells various of its vehicles VW in China.
Η FAW manufactures electric cars at least from t2017 and has extensive experience in this field. He recently collaborated with Audi to build the Audi EV car series for the Chinese market.
Xiaomi seems to be looking to work with FAW, for the development and manufacture of electric vehicles under its own brand.
This is the first time that negotiations between Xiaomi and a Chinese car company have been officially confirmed. Some time ago there were rumors that talks were being held with other major car manufacturers from various countries, but it seems that the possibility of cooperating with them has been ruled out.
The founder of Xiaomi, Lei Jun, recently became head of the company's new electric car division Xiaomi Motors Co, and gathered a small group of about 300 employees. THE Xiaomi is now ready to invest about $ 10 billion to build electric cars in the coming years.
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