Xiaomi car big news!

　　There is new news from Xiaomi Automobile, which has received much attention!

　　On the 15th, the Ministry of Industry and Information Technology released the list of "Announcement of Road Motor Vehicle Manufacturers and Products" (the 377th batch), and Xiaomi Automobile was among them. Xiaomi Auto also boarded the hot search in Weibo, which attracted attention.

　　"Xiaomi" Car Debut

　　BYD and Contemporary Amperex Technology Co., Limited "supply power"

　　The announcement shows that there are two Xiaomi brand pure electric cars in the list, the models are BJ7000MBEVA1 and BJ7000MBEVR2, and the company name is Beijing Automotive Group Off-road Vehicle Co., Ltd. This also means that Beiqi off-road vehicle company has become the OEM of Xiaomi Automobile. Beiqi off-road vehicle company is a wholly-owned subsidiary of Beijing Automobile Group Co., Ltd., and the actual controller is Beijing SASAC.

　　The biggest difference between the two models is the power. The former has a peak motor power of 275KW or a high-performance version, while the latter has a peak motor power of 220KW. Correspondingly, the power batteries used by the two are also different. The former uses Contemporary Amperex Technology Co., Limited ternary lithium battery, while the latter uses lithium iron phosphate battery produced by Xiangyang Foday battery, which belongs to BYD.

　　According to the car-making process, enterprises need to obtain the approval of the motor vehicle project approved by the National Development and Reform Commission, and the motor vehicle of the Ministry of Industry and Information Technology can only have the qualification of automobile production after being granted the "double license". The listing in the declaration catalogue of the Ministry of Industry and Information Technology also means that Xiaomi Automobile has obtained the "birth certificate".

　　Invest 10 billion dollars to build a car in 10 years.

　　Officially listed in the first half of next year

　　On October 25th, Lei Jun, founder, chairman and CEO of Xiaomi Group, revealed in Weibo that Xiaomi Automobile is progressing smoothly and will be officially listed in the first half of 2024.

　　Another source said that Xiaomi Automobile will start mass production next month (December) and go on sale in the first year of 2024 (February).

　　On March 30, 2021, Lei Jun announced that Xiaomi had officially entered the smart electric vehicle market. He said that 10 billion US dollars will be invested in the next 10 years, with an initial investment of 10 billion RMB. On September 1, 2021, Xiaomi Automobile Co., Ltd. was incorporated with a registered capital of 10 billion yuan.

　　Since Lei Jun announced Xiaomi’s entry into the smart car industry, the dynamics of Xiaomi’s car have been receiving much attention. Previously, some insiders of Xiaomi Automobile said that in the research, production, supply and sales, Xiaomi Automobile will use its previous experience in the ICT industry to greatly improve its operational efficiency.