The price and release date of Xiaomi’s first car have been announced

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The price and release date of Xiaomi’s first car have been announced Xiaomi is preparing to take official steps on automobiles. The first launch date of the Xiaomi Auto brand may have been leaked.

Allegedly, Xiaomi will unveil its first car prototype in August, just a month later. A Chinese source, Sina Tech, claimed to have important information about Xiaomi’s first car. We can see the first model of Xiaomi Auto next August as part of the launch to be held by Xiaomi founder and CEO Lei Jun.

Let’s say that Xiaomi is quite ambitious about the price. RMB 150k to 200k ($22k to $29k) for A+ level vehicles; The B+ category, on the other hand, was claimed to be between RMB 200,000 and 300 thousand ($29,000 to $44,000).

Xiaomi Auto will produce 150 thousand vehicles per year in the first phase. It plans to produce its first model in 2024.

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