Shulou(Shulou.com)05/31 Report--

As we all know, Xiaomi is famous for funding many Chinese start-ups, not only providing them with physical funds, but also providing opportunities for mass financing platforms to launch "inventions". In some cases, it has also provided full support for product development. Xiaomi's business involves everything from cooking to technology, so the business of luxury supercars is not to be missed.

Recently, Xpeng Motors, a start-up defined as China's Tesla, has raised $400m in investment, which will enable it to increase production of new models and gain a bigger share of China's electric car market. Rapid growth. Xiaomi is naturally one of the partners that funded the project: given the booming development of electric cars in China, the talent of the deal is sure to bring great results, thanks to the support of the government. the government subsidizes the production of these models. However, the news of Xiaomi's participation in the Xpeng Motors project is news because it is time for the government to cut these subsidies to phase them out.

Xpeng Motors has launched and started delivering an electric SUV called G3. In April, the company also launched a car called the P7, which can be delivered as early as the spring of 2020 because of financial support. Xpeng Motor Company said:

Xiaomi's experience and understanding of consumer behavior, know-how and market trends can add extraordinary value to the goals that Pumbaa plans to achieve. "

We were really surprised to see the final result of the cooperation between the two Chinese industry pioneers.

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