Xiaomi Sponsored the Launching of a Chinese Electric Car

Xiaopeng Motors is a young developing Chinese start-up, which has already completed the third round of financing. According to the recent data, this startup was financed by the leaders of many well-known companies like TenCent, Foxxon and Alibaba Group, including Xiaomi. The startup company exists since 2014, however during this time, using modern developments Xiaopeng Motors achieved the impressive results by launching a rather competitive crossover in the modern vehicles market.

Developing this auto became able thanks to the opened Tesla patents. Nowadays the model is released in the BETA version and works on Samsung Batteries. According to the words of the manufacturer it is able to drive up to 300 km without recharging.

The car turned out really original with electronic instrument control panel on board and with a 15.6-inch touchscreen.

At the moment, the company continues getting investments to increase the annual production of 100,000 vehicles per year.

As you can see, Xiaomi does not stop on the same level and expanding the investments to the new segments. Now all we need is to wait for the news from Xiaopeng Motors. But it is a deal of the time and very soon we will hear about this company again.