【Smart Car Pie News】On March 22, Xiaomi Group released its 2021 financial report as promised, and its revenue and net profit achieved substantial growth. At the same time, R&D investment reached 13.2 billion yuan, an increase of 42.3% year-on-year. Such a high growth in research and development investment and Xiaomi's announcement that car manufacturing should be inseparable. According to media reports, Xiaomi's car-making business has made good progress, and the relevant research and development team has exceeded a thousand people!
Xiaomi car hypothetical diagram
According to the wisdom car pie, Xiaomi Group announced the 2021 annual results and said: Since the announcement of the car manufacturing plan in March 2021, Xiaomi's smart electric vehicle business has progressed more than expected. Up to now, the R&D team of Xiaomi Automobile Business has exceeded 1,000 people. For the huge project of building cars, a thousand people is obviously not the final answer. Xiaomi said that in the future, it will continue to expand research and development in core areas such as automatic driving and smart cockpits, and is optimistic that the first car will be officially mass-produced in the first half of 2024. This is consistent with the time point announced by Lei Jun before, and it also reflects that Xiaomi's car-making work is indeed steadily advancing.
Lei Jun announced the construction of cars
Previously, some media reported that Luo Baojun, general manager of Xiaomi Beijing-Tianjin Branch, revealed that Xiaomi Automobile will develop the first batch of engineering prototypes in the third quarter of 2022. According to the news, the first phase of Xiaomi Automobile will develop 4 products, including two A+ class models and two B-class models.