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Xiaomi aims to build its own car and plans to launch the project in the next couple of months. Such news comes from investors close to Xiaomi CEO and founder Lei Jun. According to a recent report, the company will produce cars aimed at the middle and high price segments. Xiaomi expects that they will be able to make the most of the developments from their «strong technology portfolio» when creating a car. It is also reported that Lei Jun has already met with the head of the Chinese automaker NIO and consulted with him about the organization of production. In addition, Xiaomi plans to sign contracts with other local automakers, such as BYD.

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