- The report said that one of the people said that Great Wall, which has not before offered manufacturing services to other companies, will provide engineering consultancy to speed up the project
- Both companies plan to announce the partnership as soon as early next week, said one of the people
As per a report by Reuters, China’s Xiaomi Corp plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd’s factory, said three people with direct knowledge of the matter. The report added that Xiaomi, is in talks to use one of Great Wall’s plants in China to make EVs under its own brand, said two of the people, who declined to be identified as the information is not public. The report added that Xiaomi will aim its EVs at the mass market, in line with the broader positioning of its electronics products, the two people said.
The report said that one of the people said that Great Wall, which has not before offered manufacturing services to other companies, will provide engineering consultancy to speed up the project. Both companies plan to announce the partnership as soon as early next week, said one of the people.
Baidu said it plans to make EVs using an auto plant owned by Geely
In January, Baidu said it plans to make EVs using an auto plant owned by Geely. The report added that Xiaomi’s founder and chief executive, Lei Jun, believes the firm’s expertise in hardware manufacturing will help accelerate the design and production of its EVs, one of the people said.
The people said that the firm plans to launch its first EV around 2023, one of the people said. It will enable its cars to connect with other devices in its product eco-system, the people said. Great Wall, launched a standalone brand for electric and smart vehicles. It is also building an EV factory in China with Germany’s BMW AG.