Chinese manufacturing giant Xiaomi is working to enter the automotive market. After registering Xiaomi Automobile Co in September, the company recently registered a second automobile company.
On November 18, Xiaomi Automobile Technology Co was formed, led by Lei Jun, founder and CEO of Xiaomi. This company has a registered capital of RMB 1 billion (about $ 155 million). The business of this company includes the production of new energy vehicles and the development of related technologies.
Xiaomi has officially announced plans to launch vehicles at the end of March this year. For this, a subsidiary company was created that deals with smart electric vehicles. The initial investment was about $ 1.5 billion, but in the next 10 years the company will invest about $ 10 billion.
Lei Jun stated that Xiaomi will use its expertise and connections to build cars. The company has a cash reserve of $ 17 billion and a research and development department of 10,000 people. The company hopes to leverage these benefits to build the world’s best smart car ecosystem.
In October this year, Xiaomi announced that it had built a 453-person automotive team. Xiaomi will officially start mass production of its first car in the first half of 2024.
Audi against “Euro-7”, and Skoda threatens to close the plant and lay off thousands of employees because of the new standard
Audi CEO Markus Duesmann said the mid-2025 deadline for the implementation of Euro 7 regulations on pollution should be delayed as it doesn’t give automakers enough time to prepare.
The Euro 7 standard, which regulates exhaust emissions of pollutants such as carbon monoxide and nitrogen oxide, as well as fine particles, received preliminary approval in November last year. It also proposes for the first time to regulate particulate emissions from brake pads and tires.
Automakers will have to re-certify every transmission in their portfolio, a lengthy and costly process. New technologies, upgraded filters and catalysts will need to be created, and automakers say they will have to pass on much of that cost to buyers.
Many see Euro 7 as an unnecessary milestone that will divert resources from the ultimate goal of electrification. Company executives say the rules will only apply to the latest generation of internal combustion engines until a proposal to allow only zero-emission vehicles to be sold in Europe after 2035.
Skoda head of sales Martin Jahn said on Sunday that the Czech brand Volkswagen Group will have to close the plant and phase out models if the Euro 7 standard is adopted in its current form.
“If the Euro 7 standard is approved in this form, it will mean that Skoda Auto will close one plant, because we will stop producing smaller models – Fabia, Scala, Kamiq – this means at least 3,000 jobs will be reduced,” said Martin Yang in a televised debate.
“We strongly believe that we need to adjust the current proposal,” added Markus Duesmann. “We spent a lot of time and money developing electric vehicles.”
Strict adherence to Euro 7 would divert investment away from electric vehicles, he said, and higher prices for buyers would “really weaken the situation.”
175 hp, 8-speed automatic and unique French style. Peugeot 408X fastback crossover launched in China
Pre-sales of the original Peugeot 408X fastback crossover have begun in China. The car is presented in five versions, prices – from 21,200 to 26,200 dollars.
In China, the novelty is presented as a “new French unlimited car” – there is both a hint of French style and an indication of any off-road capabilities (clearance is 190 mm, the angle of entry is 16 °, the exit is 21 °). 19-inch wheels are already in the base.
The car is rather big – dimensions are 4705 x 1859 x 1502 mm, wheelbase length – 2787 mm. But it is designed exclusively for five. However, the Peugeot 408X is touted as a family car. Trunk volume is 536 liters, and with the rear seats folded down, it increases to 1611 liters.
Authentic exterior design harmonizes well with the corporate style interior – with a deployed front panel and an unusual combination of geometric shapes and lines. There are three screens: two with a diagonal of 10.25 inches and one with a diagonal of 9.7 inches. Interestingly, the dashboard reproduces a three-dimensional image that is visible to the naked eye.
And then there is atmospheric lighting, the French Focal audio system, climate control with fragrance, wireless phone charging, adaptive cruise control, voice control, etc.
The Peugeot 408X has only one engine – a 1.6-liter turbocharged engine with a capacity of 175 hp, an 8-speed automatic gearbox, and only front-wheel drive.
Truck “Ural” tried on a hybrid power plant. The company showed its first such prototype and set its sights on an all-electric version.
The Ural Automobile Plant demonstrated its first prototype of an electric truck equipped with a hybrid power plant.
A car with a 4×2 wheel formula is still called simply “Ural”. It is powered by an LNG engine that is used as a generator to charge a battery, which in turn powers an electric motor. At the moment, it is known that the power reserve is only 100 km, but in this case, we mean the ability of a car to drive such a distance solely due to the battery. Since the car is also equipped with an internal combustion engine, as a result, in general, the power reserve is quite worthy of 500 km.
The company is reportedly planning to develop an all-electric truck and then a hydrogen fuel cell version. But so far we are only talking about prototypes, but there is no data on serial machines with similar power plants.
But Intel only managed to release competitors for the Threadripper 5000. Asus confirms that the Ryzen Threadripper 7000 will be released in the second half of the year
AMD is indeed going to launch Ryzen Threadripper 7000 processors in the second half of this year. Previously, these were...
6000 mAh, 6.75 inch big screen, 48 MP for $190. Introduced the monster of autonomy Huawei Enjoy 60
Huawei has unveiled the affordable Enjoy 60 phone, which features a 6,000mAh battery (it supports 22.5W charging). With the old...
One of the quietest Radeon RX 7900 XT is available for just $800. Sapphire Pulse RX 7900 XT now $100 off MSRP
The Sapphire Pulse RX 7900 XT graphics card is another adapter that you can buy for just $800. The recommended...
Satellite communication and “space” price. Huawei Mate X3 foldable smartphone unveiled
Huawei today unveiled not only the Huawei P60 line, but also the next generation of the foldable smartphone, the Huawei...
News2 days ago
Nvidia CEO Jensen Huang wants to run the company for another 30-40 years, and then become a robot and continue to hold this post
Gaming5 days ago
News5 days ago
Nikon Z8 Full-Frame Mirrorless Camera Coming in April, May Be Cheaper Than Expected
News5 days ago
6000 mAh, 48 MP and big screen. Huawei Enjoy 60 battery monster launches March 23