Do you think Xiaomi will get the success in Car-making field? I doubt a little

Xiaomi has officially applied for the registration of the “Xiaomi Motors” trademark!

A new car brand is about to be born, super expecting!

On March 30, Xiaomi Group announced on the Hong Kong Stock Exchange that the board of directors formally approved the establishment of the smart electric vehicle business and planned to establish a wholly-owned subsidiary to be responsible for the smart electric vehicle business.

The initial investment is RMB 10 billion, and the investment is estimated to be USD 10 billion in the next 10 years. Group CEO Mr. Lei Jun will concurrently serve as the CEO of the smart electric vehicle business.

At the Xiaomi spring new product launch conference, Lei Jun announced, “Xiaomi officially enters the smart electric vehicle industry. I decided to lead the team personally. This will be the last major entrepreneurial project in my life.

I am willing to bet on all the achievements and reputation accumulated in my life to fight for Xiaomi cars. “

In order to prepare for its entry into the automotive industry, Xiaomi Technology Co., Ltd. has formally applied for the registration of the “Xiaomi Motors” trademark on April 1, which is classified as a manual machine in the international classification, with registration number 54856491. The current trademark status is trademark application.