Chinese smartphone giant Xiaomi has set the stage to reveal its strides in electric vehicle (EV) technology at the upcoming Stride launch event scheduled for December 28. While Xiaomi had previously announced its entry into the electric vehicle market with a planned launch in 2024, the company is expected to provide a sneak peek into its EV technology during the event rather than introducing a fully-fledged electric vehicle.
Xiaomi’s CEO, Lei Jun, shared the news of the upcoming showcase through social media, emphasizing that the featured EV technology would reshape the automotive landscape, spanning across sectors such as automotive, consumer electronics, and smart ecosystems.
Earlier this year, Xiaomi’s electric car, codenamed Modena, was spotted undergoing testing in harsh winter conditions. The company received approval from China’s National Development and Reform Commission (NDRC) to embark on electric vehicle production. Xiaomi has also committed a substantial investment of $10 billion (approximately Rs 82,700 crore) over the next decade to bolster its presence in the automotive sector.
The Modena test mule, observed during testing, offered limited insights into the vehicle’s design, revealing a sleek sedan with a sporty profile. Notably, LiDAR sensors mounted on the roof hinted at autonomous driving capabilities. Xiaomi’s ambitious plan involves launching its first electric car in 2024, followed by mass production.