Xiaomi Auto is ready to lose money for 5 years!

Mondo Technology Updated on 2024-02-19

Recently, Xiaomi Auto held a meeting in Shanghai and officially announced itProvision for losses in the next 5 yearsand strategic planning in the field of new energy vehicles.

Xiaomi Auto is a new business area officially announced by Xiaomi Group in March 2023.

Xiaomi's first product is a sedan called the Xiaomi Su7, which will be officially launched in the second half of 2024. The Xiaomi Mi SU7 is available in four versions, namely Rear-wheel Drive Standard, 4WD MAX, 4WD Ultra and 4WD Ultra Sport.

It adopts a new electric vehicle platform, equipped with a 150kWh solid-state battery, with a maximum range of 800 kilometers and supports 800V wireless charging technology. It is equipped with a variety of sensors such as lidar, millimeter-wave radar, and high-definition camera. Equipped with MIUI in-vehicle system, it can seamlessly connect with smart devices such as Xiaomi mobile phones, Xiaomi TVs, and Xiaomi bracelets.

It is understood that Xiaomi Auto has established a number of R&D centers in Shanghai, Beijing, Nanjing, Shenzhen and other places, with a R&D team of more than 3,000 people, including talents from Tesla, BMW, Audi, Huawei and other well-known enterprises. Due to too many "poaching people", it has attracted the attention of enterprises in the industry.

Xiaomi Auto is facing many challenges and pressures, how to stand out in the fierce market competition, how to continue to innovate in user needs and technological changes, and how to find a balance between cost and benefit, all of which are problems that Xiaomi Auto needs to solve. The future of Xiaomi Cars is full of variables and uncertainties, but it is also full of hope and possibility.

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