（Cover image source: Reuters）
On March 26th, according to sources from the supply chain and Xiaomi partners, Sina Technology reported that Xiaomi has confirmed its plan to enter the automotive industry. Currently, Xiaomi is seeking for supply chain partnerships and the project is gradually gaining speed. Recently, many software engineers with vehicle-related experience have been recruited.
Earlier on the same day, Reuters reported that Xiaomi may negotiate with Great Wall Motor to use its factory to produce electric cars.
Subsequently, Xu Jieyun, Deputy General Manager of Xiaomi Group, claimed in a Weibo post that the cooperation with Great Wall was “a nonsense and a fake news”.
Great Wall also issued a statement that they did not have any relevant negotiations with Xiaomi.
Recently, there have been more and more reports about Xiaomi’s plan to enter the automotive industry. Although there is no official confirmation yet, it seems that they have already made up their minds to do so.
🔗Information Source: Sina Auto
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.