The Xiaomi 12 Lite is on the horizon, but with the chipset from the Xiaomi 11 Lite 5G NE. Seemingly, Xiaomi plans to release the Xiaomi 12 Lite globally and will sell a European-only variant. The Xiaomi 12 Lite should run Android 12 out of the box too, mirroring the Xiaomi 12, Xiaomi 12X and Xiaomi 12 Pro.
https://www.notebookcheck.net/Xiaomi-12-Lite-Geekbench-confirms-Android-12-and-Snapdragon-778G-details-as-European-and-global-MIUI-13-builds-discovered.610105.0.html