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Xiaomi will unveil its first car prototype in August

Technically, this is not the first EV Xiaomi has put out. That would be the Xiaomi M365 electric scooter. There's an "um, actually" fact to toss to your friends. Joking aside, the Chinese giant made a big commitment to the electric car market last year, pledging to invest $10 billion over the next ten years. In the latest development on that front, company founder Lei Jun is expected to unveil the first EV prototype in August. That car is designed by HVST Automobile Design, responsible for the Maven concept car from WM Motor. After the unveiling takes place, the prototype is...



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