SHANGHAI: Xiaomi chief executive Lei Jun said the Chinese smartphone maker will mass produce its own cars in the first half of 2024, a company spokesperson said on Tuesday (Oct 19).
The comments, which were made at an investor event, were first reported by local media and later confirmed by the company.
Zang Ziyuan, a director in Xiaomi’s international marketing department, also posted the news on his verified Weibo account.
The date marks the next major target for the company’s fledgling electric vehicle (EV) division, which Xiaomi formally announced earlier this year.
