Lei Jun: Xiaomi’s success needs to be among the top five in the world, with an annual shipment of 10 million vehicles

According to news on October 18, Lei Jun recently tweeted his vision for Xiaomi Auto: Xiaomi’s success needs to be among the top five in the world, with an annual shipment of 10 million vehicles . At the same time, Lei Jun also said, “When the electric vehicle industry reaches maturity, the world’s top five brands will occupy more than 80% of the market share.”

Recently, it has also been reported that Xiaomi Auto will obtain the qualification to build a car in June next year, and the first electric car will go to Xiaomi Auto Beijing factory, and the construction is still in full swing.

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Lei Jun said that before entering the electric market, Xiaomi has conducted in-depth research on the electric vehicle industry.

He believes that the nature of the automotive industry will evolve from the machinery industry to consumer electronics, with market shares highly concentrated among the top players. Electric vehicles are a kind of consumer electronics products with intelligence, software and user experience as the core; compared with gasoline vehicles, the manufacturing threshold of electric vehicles is significantly lower, 30,000 components are highly modular, and the cost of batteries has increased over the past ten years. Down 80% mid-year (room for future cost reductions has increased by at least 50%).

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Regarding Xiaomi’s first car, the official said that it will roll off the assembly line and start mass production in 2024. The user Will, a researcher at Xueqiu@ Grain Factory, broke the news, “On September 28th, the first engineering vehicle of Xiaomi Auto has been rolled off the production line, and the next important project node is the completion of the automobile factory before the end of the year.” In addition, information about the PPT of the suspected Xiaomi car project was exposed, including “self-developed pure electric platform”, “the world’s largest integrated die-casting equipment weighing 8,800 tons”, “MIUI CAR car-machine system”, “2024 The first model will be mass-produced in half a year, and the internal code name is suspected to be H1″.

In addition to the relevant progress of autonomous driving research and development, there is no more information about Xiaomi Auto. We will continue to follow up on the follow-up information.


Post time: Oct-21-2022