Xiaomi Automobile Plan Revealed: Multiple Platforms Work Together to Promote New Projects

According to news on October 7, Xiaomi Motors is actively preparing its extended-range electric vehicle products to meet the growing demand for electric vehicles. According to company news, Xiaomi Motors is currently advancing the research and development of multiple generations of platforms, one of which is expected to be launched next year. At the same time, the second-generation platform is also being developed intensively, and extended-range electric models may be launched after it.

The editor learned that Xiaomi Motors has released some job recruitment information related to R&D positions on the official recruitment website, including extended range system design and development engineers, fuel system engineers and Exhaust system engineers, etc. This shows that Xiaomi Motors is increasing its investment in talents in the field of electric vehicles to ensure that its products can gain a competitive advantage in the market

Xiaomi Motors’ important strategic decisions originate from its CEO Lei Jun's commitment, he announced in 2021 that he would invest 10 billion yuan, and plans to invest 10 billion US dollars in the next 10 years. This huge capital injection will help Xiaomi Motors accelerate production preparations, including increasing the production capacity of new models, optimizing factory production lines, improving equipment efficiency, and training worker skills. As of July 2023, sales of extended-range plug-in hybrid models have achieved impressive growth, with cumulative sales reaching 1.26 million vehicles, a year-on-year increase of nearly 90%, showing strong market demand for this field.

Xiaomi co-founder Wang Chuan is also a personal investor in Li Auto, and his participation may have played a role in Xiaomi’s decision to develop extended-range electric vehicles. This decision will help Xiaomi Motors not only succeed in the smartphone field, but also expand its business in the electric vehicle industry and provide consumers with more innovative travel options.

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