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Xiaomi Automobile Plant started construction: it plans to produce 300,000 units per year

Xiaomi Automobile Plant started construction: it plans to produce 300,000 units per year

Hundreds of car parks | Must be out of the boutique

Network exposure: Xiaomi Automobile's Beijing plant has started construction, and the plot is undergoing flat land finishing projects, which has been completed for about 45 out of 10.

Previously, Xiaomi acquired the YZ00-0606-0101 plot of Yizhuang New Town, with a land area of 718,046.1 square meters, a total lease and transfer period of 50 years, and a starting price of RMB 610,339,185 yuan.

Xiaomi Automobile Plant started construction: it plans to produce 300,000 units per year

On January 15, 2021, Xiaomi began to investigate and build cars.

On March 30, 2021, Xiaomi Group announced that it has officially entered the car manufacturing field and intends to establish a wholly-owned subsidiary to be responsible for the intelligent electric vehicle business, with an initial investment of 10 billion yuan and an estimated investment of 10 billion US dollars in the next 10 years.

On August 25, 2021, Xiaomi Group announced the acquisition of Deepmotion Tech Limited, an autonomous driving technology company, for a total transaction amount of approximately US$77.37 million (approximately RMB500 million). Upon completion of the transaction, it will become a wholly-owned subsidiary of Xiaomi.

Xiaomi Automobile Plant started construction: it plans to produce 300,000 units per year

On September 1, 2021, Xiaomi Automobile Co., Ltd. was formally established with a registered capital of 10 billion yuan, and Lei Jun, chairman and CEO of Xiaomi, served as the legal representative.

On October 19, 2021, Lei Jun said that Xiaomi Automobile has been registered in Beijing on September 1, and the first factory will be settled in Beijing, with 20,000 resumes received and 453 people in the research and development team. Xiaomi car manufacturing and team work progress far beyond his expectations, xiaomi car is expected in the first half of 2024 official mass production.

Xiaomi Automobile Plant started construction: it plans to produce 300,000 units per year

On November 18, 2021, Xiaomi Automobile Technology Co., Ltd. was established, the legal representative is Lei Jun, the registered capital is 1 billion yuan, and the business scope includes new energy vehicle manufacturing, automobile vehicle and parts technology research and development. The company is registered in Beijing.

On November 23, 2021, Xiaomi released its financial report showing that the number of R& D personnel in Xiaomi Company has reached 13,919, accounting for more than 44% of the total number of employees; of which more than 500 members of Xiaomi Auto Team have been.

On November 27, 2021, the Administrative Committee of Beijing Economic and Technological Development Zone signed a contract with Xiaomi Technology to officially announce the settlement of Xiaomi Automobile in Beijing Economic development zone.

Xiaomi Automobile Plant started construction: it plans to produce 300,000 units per year

According to the plan, the Xiaomi Automobile project will build the Xiaomi Automobile Headquarters Base, sales headquarters and research and development headquarters. The plant will construct a vehicle plant with an annual output of 300,000 units in two phases, with a production capacity of 150,000 units in both the first and second phases.

According to the plan, the first phase of the Xiaomi factory is scheduled to start construction in April 2022 and be completed in June 2023, and the second phase of the Xiaomi plant is scheduled to start construction in March 2024 and be completed in March 2025. The first vehicle is expected to roll off the production line and achieve mass production in 2024.

Xiaomi Automobile Plant started construction: it plans to produce 300,000 units per year

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