（Cover image source: Reuters）
Reuters reported that Xiaomi is in talks with Great Wall Motor and may use the latter’s car factory for electric car production. As soon as the news came out, both companies’ stocks soared.
The “Xiaomi car-making” matter is widely known, although it has not been officially confirmed. Xiaomi’s competitors, such as Huawei and Apple, have already laid out a lot of industries and technologies related to electric cars.
Recently, Xiaomi even accelerated the plan to make cars, using veteran Wang Chuan to represent Xiaomi to investigate the automotive industry and find resources such as technology, talent, and factories.
Currently, it seems that the cooperation between Xiaomi and Great Wall is very likely. According to sources, the two companies could announce their partnership as early as next week.
Interestingly, according to Qichacha’s information, the “Xiaomi Auto” trademark was applied for registration by Shaoxing Jixiang Textile Co. Ltd. in March this year. The international classifications are transportation vehicles in Class 12 and advertising sales in Class 35. I wonder what name Xiaomi will choose for its car-making business?
🔗Source: Reuters
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.