In response to Lei Jun’s announcement that Xiaomi was building a car, Xiaopeng Automobile Chairman He Xiaopeng said on his microblog today that we should applaud the brave.
“Life is short, so you should have more courage to pursue your own excellence,” He said. We should applaud for the brave, no matter how the result is, when more and more people like this, the world will be more brilliant! ”
What many people may not know is that He Xiaopeng once referred to Lei Jun as one of the “noble people” who started his own business.
On August 27 last year, Xiaopeng Automobile was officially listed on the U.S. Continental New York Stock Exchange. After the listing, Lei Jun congratulated: “I have been friends with Xiaopeng for many years, and invested in UC founded by him in 2007. A few years ago, he decided to start a business for the second time. I admire his courage. Shunwei invested in Series A1 and Series C, and Xiaomi invested $50 million last year.”
“As Xiaopeng’s friend and investor, I have accompanied and witnessed Xiaopeng’s success all the way. Bless Xiaopeng automobile bright future, Peng friends a lot!” Lei Jun said.
Last night at Xiaomi’s spring product launch, Lei Jun announced a big decision: Xiaomi is officially entering the smart electric vehicle industry.
Mr Lei says this will be his last major venture and that he is willing to risk all his reputation to fight for XiaoMi. One day, Xiaomi will succeed. As long as we are willing to wait, we will surely live up to our expectations and bring millet cars to you as soon as possible.
Read Also: Xiaomi Mijia Robot Vacuum Cleaner Pro Released: Priced at $409
On March 30, Xiaomi Group announced that the board of directors of the company officially approved the establishment of the smart electric vehicle business project. The company intends to establish a wholly-owned subsidiary to be responsible for the intelligent electric vehicle business. The initial investment will be Rmb10bn and $10bn is expected over the next 10 years. Lei Jun, Chief Executive Officer of the Group, will also serve as Chief Executive Officer of the Smart Electric Vehicle Business.