Xiaomi CEO Says Firm to Mass Produce Its Own Cars in H1 2024: Spokesperson

Xiaomi CEO Says Firm to Mass Produce Its Own Cars in H1 2024: Spokesperson
Xiaomi logos are seen in Hong Kong, China, on June 23, 2018. Bobby Yip/Reuters
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SHANGHAI—Xiaomi Corp Chief Executive Lei Jun said the Chinese smartphone maker will mass-produce its own cars in the first half of 2024, a company spokesperson said on Tuesday.

The comments, which were made at an investor event, were first reported by local media and later confirmed by the company.