Friday, June 6, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home Xiaomi

Xiaomi is preparing to introduce its own processors for smartphones and electric vehicles

Xiaomi is preparing to introduce its own processors for smartphones and electric vehicles

Foxconn isn’t the only smartphone maker looking to try its hand at making electric vehicles. Except for Apple and Huawei, Xiaomi is demonstrating the corresponding ambitions. According to knowledgeable sources, the first electric vehicles of this brand will begin production in 2023 with the support of the auto giant Great Wall.

Xiaomi
Xiaomi

The information was disseminated by Reuters, citing negotiations between two Chinese companies. The Great Wall, which produced more than a million vehicles in the past year, will help Xiaomi produce and develop electric vehicles. Currently, the Chinese auto giant already has the Ora brand for its own electric vehicles and is building a new facility for contract manufacturing of BMW electric vehicles. Xiaomi and Great Wall will announce a collaboration next week, the source hopes. The actual production of Xiaomi electric vehicles will begin no earlier than 2023.

Alliances like this will proliferate. For example, Baidu is collaborating on developing electric and always-on vehicles with the Chinese company Geely. According to Reuters, the initiative to enter the EV market comes from Xiaomi founder Lei Jun himself. The smartphone segment has not only stopped growing but is offering very low-profit margins. Against these rumors, the price of Xiaomi shares rose by 6.71%, while Great Wall shares rose by 7-8%.

Along the way, Reuters reported that Xiaomi would unveil its first in-house developed smartphone processor on March 29th. Information about this was published on the pages of the social network Weibo by representatives of the company. According to the source, Xiaomi and Great Wall employees declined to comment on rumors about the possibility of cooperation in electric vehicles’ production.

  • 0Facebook
  • 0WhatsApp
  • 0Twitter
  • 0Pinterest
  • 0Reddit
  • 0Telegram
  • 0Skype
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares

Related Posts

Xiaomi 15 Ultra: Expected Launch, Features, and Innovations for Early 2025
Tech News

Xiaomi 15 Ultra: Expected Launch, Features, and Innovations for Early 2025

December 3, 2024
Xiaomi 15
Mobiles

Xiaomi 15: A Flagship Powerhouse Ready

November 23, 2024
Xiaomi HyperOS
Mobiles

Xiaomi Unveils HyperOS Rollout Plan for India

March 1, 2024
Xiaomi 14 Ultra
Mobiles

Xiaomi 14 Ultra Unveiling in China on February 22: A Sneak Peek into the Anticipated Launch

February 19, 2024
Xiaomi 14 Ultra
Mobiles

Xiaomi 14 Ultra: Leaks Hint at Leatherette, Glass, and Titanium Variants

February 14, 2024
Xiaomi-14-Ultra
Mobiles

Xiaomi 14 Ultra: Leaks Reveal Powerful Specs, Familiar Price Tag

February 12, 2024

Recommended Stories

shin splints

Shin Splints: Causes, Symptoms, Prevention, and Treatment

October 1, 2023
benefits of animal testing

Hidden Benefits of Animal Testing, Advancements that Save Lives

October 20, 2023
Holi 2024

Holi 2024: Tech Gifts to Ignite the Celebration of Colors

March 25, 2024

Ads

Popular Stories

  • Coping with Diabetes During the Summer Heat

    Coping with Diabetes During the Summer Heat

    0 shares
    Share 0 Tweet 0
  • Food Allergies

    0 shares
    Share 0 Tweet 0
  • Why Colon Health Should Be a Top Priority

    0 shares
    Share 0 Tweet 0
  • The Importance of Speaking Up About Healthcare Decisions

    0 shares
    Share 0 Tweet 0
  • The Truth About Dieting

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra