According to Luo Baojun, general manager of Xiaomi's Beijing-Tianjin branch, "In the third quarter of this year, we can see the (Xiaomi) engineering prototype, and it will definitely break through everyone's imagination." "It has been a year since Xiaomi Group officially announced that the car has passed, and its first model or pure electric coupe is expected to be priced at 149,900 yuan to 299,900 yuan, with a starting price of nearly 100,000 yuan cheaper than the Huawei Q&A M5 (249,800 yuan), with a maximum cruising range of 800km, and will be officially mass-produced in 2024."
Xiaomi's first model offers youth version, PRO version, Ultra version, Ultra Sport version optional, single motor version priced at 149,900 yuan, WLTC endurance 800 km; dual motor version priced at 179,900 yuan, WLTC endurance 700 km, 100 km acceleration of 4.5 seconds, Ultra version of 100 km acceleration of 3.9 seconds; three-motor version of 299,900 yuan, CLTC endurance of 650 km, 100 km acceleration of only 2.9 seconds, far more than Tesla Model 3. BYD Han EV and so on.
Unlike Huawei's concept of helping car companies build good cars, that is, "indirect car manufacturing", Xiaomi chose to directly participate in car manufacturing. Xiaomi Automobile Plant is located in Beijing Economic Development Zone, with a production capacity of 150,000 vehicles in the first and second phases, with a total annual production capacity of 300,000 vehicles, which is three times the 100,000-year production capacity of Huawei's AITO Liangjiang Smart Factory. (The above model information is for illustrative purposes only, and the final production version shall prevail)