According to a report in the Shanghai Securities News, Xiaomi’s automobile production facility in Tongzhou, China has entered the final stages of production testing and debugging. Xiaomi Group’s Chairman, Lei Jun, has recently led the senior executives of Xiaomi’s automotive division in conducting summer road tests in Xinjiang to expedite the commencement of mass production for their new vehicles once they secure the necessary approvals.
The entire facility encompasses six workshops, including die casting, stamping, body assembly, painting, final assembly, and battery assembly. In the casting workshop, the signage for “Xiaomi Super Die Casting” has been displayed, indicating the possibility that Xiaomi’s automotive division may adopt advanced integrated die-casting technology similar to Tesla’s Shanghai Gigafactory.
As previously disclosed, Xiaomi’s automotive subsidiary, with a registered capital of 10 billion RMB, is headquartered in Beijing Economic and Technological Development Area, with Lei Jun as its legal representative. According to Lei Jun’s plan, Xiaomi’s first vehicle will be positioned in the mid-to-high-end segment and is expected to enter mass production in the first half of 2024. As of the end of 2022, Xiaomi’s automotive research and development team has grown to over 2,300 personnel, with more than 700 patent applications and over 360 authorized patents. The production of their first vehicle has been moved up to Q1 2024, with a strategic goal of achieving a top-five global automotive ranking within 15 to 20 years.
(Photo credit: Xiaomi)