Lei Jun: The 500 thousand millet car officially off the assembly line!

Today, we witness an important milestone in the history of Xiaomi’s automobiles: the 500,000th vehicle has rolled off the production line.

From the first to the 500,000 units, it took us just one year and more than seven months.My colleagues told me that this is the fastest new energy resources vehicle industry in China.

The 500 thousand units may be insignificant for the industry giants; But yes.Xiaomi CarsIn practical terms, it means a lot.

This marks that Xiaomi’s entire system capabilities from R & D, manufacturing, sales, delivery and service have been fully validated!

This also marks that Xiaomi cars have won the recognition of a large number of consumers and reached a new stage of scale – up. The Xiaomi SU7 has become the best – selling sedan priced over 200,000 yuan in the past year.The YU7 started deliveries in July. Last month, it became the best – selling SUV regardless of energy type and price. It is also the first model in the Chinese market in recent years that can outperform the Model Y.

At the beginning of this year, we set a delivery target of 300,000 vehicles for this year. In March this year, we increased it to 350,000 vehicles. It is expected that we will complete the annual task ahead of schedule this week. Currently, our latest estimate is that the total deliveries in 2025 are expected to exceed 400,000 vehicles.

Xiaomi cars’ ability to achieve a series of achievements today is inseparable from the support of various aspects.

First of all, we would like to express our gratitude to all user – friends for their trust and support of Xiaomi cars. Behind the 500,000 Xiaomi cars are the trusts of 500,000 car – owner friends. In particular, many car – owner friends who blindly placed orders and confirmed orders immediately after the launch event. Every bit of trust is extremely precious to us, and we will definitely keep working hard.

Also, we would like to express our gratitude to all our partners. In particular, we are thankful for the support from our supplier partners. Ramping up production capacity is an extremely vast project that requires the joint efforts of both upstream and downstream of the supply chain to complete. Supplier partners, with their capabilities, have enabled the rapid development of China’s automotive industry. It is also an honor for Xiaomi cars to work with the most outstanding supplier partners in the industry chain. In addition, we would like to thank the media and friends from all walks of life who have been following Xiaomi for their support.

At the same time, we would also like to express our gratitude for the strong support from the national competent authorities and Beijing. I have said on many occasions: “Thank Beijing, this fertile land. It is this fertile land that has given birth to Xiaomi.” Beijing has a first – class business environment and first – class industrial chain supporting facilities. It has gathered top engineers and scientific research talents from around the world. Most importantly, it has a globally leading intelligent manufacturing industry ecosystem.

I would also like to express my special gratitude to the Xiaomi car team and all the colleagues in the entire Xiaomi Group for their joint efforts over the past four years, which have created these miracles.

The 500,000th unit that rolled off the production line today is just a new starting – point for Xiaomi cars. We will continue to do the following things well:

First, unswervingly pay attention to safety and delivery. We have always believed that security is the basis and the premise. On the basis of ensuring safety and quality, we go all out to speed up production, so that the friends who are still waiting for the owners can pick up the car as soon as possible.

Second, we should continue to intensify scientific and technological innovation. Technology is the key principle that Xiaomi will never change. We will unswervingly promote the research and development of core technologies to create better products for consumers. A few days ago, we just released our third quarter results. We invested 9.1 billion in R & D in one quarter, and the annual R & D investment this year is expected to be 32 billion to 33 billion. We expect to spend 200 billion over the next five years.

Third, promote the deep integration of al and smart manufacturing. I firmly believe, AlCar is the trend of the future. AI + intelligent manufacturing will also drive the manufacturing industry to achieve greater efficiency and create better products. In terms of research and development of combined assisted driving, we are about to release had the new version introduces reinforcement learning algorithm, which greatly improves the ability of vertical experience, horizontal experience improvement and road understanding.

Finally, once again, to all the friends who care about and support Xiaomi Automobile, say a sincere thank you! Everyone has a lot of expectations for Xiaomi Automobile. “Actions are better than words, and words are implemented by actions”. We will use actions to give you a better answer.