Shulou(Shulou.com)11/24 Report--

CTOnews.com February 9 news, in today's Xiaomi investors Day, Xiaomi CEO Lei Jun and other executives shared the company's business progress, and talked about Xiaomi car related content.

Lei Jun said at the meeting, "We strive to be among the top five in the world in 15-20 years." Xiaomi 100% ownership of Xiaomi car lies in the reuse of Xiaomi resources. Over the past three years, Xiaomi's 10,000 offline Chinese stores have been very helpful to Xiaomi's car marketing. Xiaomi has operations in many countries around the world and will be a large marketing network.

With regard to the profitability of Xiaomi cars, Lei Jun said that for a long time, like Xiaomi mobile phones, they are more concerned about software profits except for hardware profits. Cars can integrate sales, after-sales service and charging piles in the past, and there are more and more services that can be integrated in the future.

Lei Jun also said that his time is on mobile phones, IoT and high-end chemicals, on cars, and on other things. As to whether it is too late for mass production of cars in 2024, Lei Jun believes that the new power of car building is 6-7 years ahead of Xiaomi. Two years ago, Xiaomi did a lot of interviews, believing that cars are a century-old racetrack, and it is never too late to be optimistic about the automobile industry. "our ability is in the operation and maintenance of electronics and user experience, and now electric cars are at these points, so I think we are just right to start cars in 2024."

In his annual speech in August 2022, Lei Jun revealed that Xiaomi, which has formed a team of 500 people, plans to expand to 600 by the end of 2022, with the goal of entering the first camp of the self-driving industry by 2024. Through Xiaomi's financial report, CTOnews.com found that Xiaomi invested 829 million yuan in innovative businesses, including cars, in the third quarter of 2022, and Xiaomi has a R & D team of more than 1800 people.

According to previous information, Xiaomi Motor will build a complete vehicle plant in two phases in the Beijing Economic and technological Development Zone, with a cumulative annual production capacity of 300000 vehicles and a production capacity of 150000 vehicles for both Phase I and Phase II. In 2024, the first car of Xiaomi will be launched and mass produced in Beijing Economic and technological Development Zone.

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