Xiaomi seeks partnerships with Baic Bluepark and Brilliance Auto to outsource SUV car production, aiding rapid expansion.
Xiaomi continues to expand its product lineup. Having been highly influential in the smartphone market for a long time, and reaching second place in the global market, the company’s next target is the electric vehicle market. The Chinese tech giant is eagerly counting down to start the production of its first EV model. In fact, we recently mentioned that the company was awaiting approval from Beijing to produce its own electric vehicles. Meanwhile, they are also.
Second, collaborating with other car manufacturers can help Xiaomi to save money. Building a new car factory is a very expensive undertaking. By outsourcing the production of its SUV models to other car manufacturers, Xiaomi can avoid the cost of building a new factory. The specific form of cooperation between Xiaomi and Baic Bluepark is still unknown. However, the report suggests that Xiaomi may outsource the production of its SUV models to Baic Bluepark while using its own factory to produce its coupe models. This would make sense, as Baic Bluepark is an experienced SUV manufacturer.Xiaomi’s Smart Home Panel sold out in a flash, raking in over ¥2.
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