Today, Reuters reported that Xiaomi is negotiating with Great Wall Motors to use its factory to produce electric vehicles.
People familiar with the matter said that Xiaomi is negotiating to use Great Wall Motors to produce its own brand electric vehicles in one of its factories in China. Xiaomi’s electric vehicles will be geared towards the mass market, which is in line with the company’s broad market positioning for electronic products. Great Wall Motors will provide engineering consulting services to Xiaomi to accelerate the advancement of this project. Great Wall Motor has not previously provided manufacturing services to other companies. Xiaomi and Great Wall Motors plan to announce their partnership as early as next week.
Also Read: Will We See Apple Car And Xiaomi Car Ever? Everything You Should Know
In response to this, Xu Jieyun, the deputy director of the General Office of Xiaomi Group and the former general manager of the group’s public relations department, responded to this report on Weibo, saying: ‘it’s fake news and is completely nonsense.’ Now, the status is removed from Weibo.
Gizchina News of the week
Fu Xiaokang, vice president of Great Wall Motors, said earlier today: ‘We do not comment on this matter. For a long time, Great Wall Motors has been building a strong ecosystem. We welcome partners in all related industries to seek common development.’
Xiaomi Has Many Patents For This Field
As there are more and more assumptions that Xiaomi is working on its own electric vehicle, we would like to know whether there is a solid ground for such goals. Not only Xiaomi, but Internet companies such as Baidu, Ali, Tencent, and other have already occupied a certain position in the automotive field. Moreover, Huawei, OPPO and VIVO are rumored to enter this field as well. But Xiaomi has the most chances. It turns out Xiaomi has begun applying for related patents since 2012. And its patents cover many important fields related to the electric vehicles industry. Honestly, none of those patents refer to the core technologies. But Xiaomi may use other car companies’ power and potential to build its own electric vehicles. The Great Wall Motors is a good option.