According to news on November 3, Xiaomi CEO Lei Jun stated at the recent Xiaomi Investor Day that the progress of car manufacturing has exceeded expectations and that Xiaomi Auto is expected to officially mass-produce in the first half of 2024. Today, according to media reports, Lu Weibing, a partner of Xiaomi Group and the president of China, revealed in an interview with the media,Xiaomi’s Home will open more big stores in the future, also for the sake of selling cars.
Lu Weibing said that Xiaomi Home is already considering how to display the car category after entering the store, and how to better interact with the scene.
According to reports, on October 30, the 10,000th store of Mi Home opened in Shenzhen. This store is the upgraded version of Mi Home 4.0.The store area has reached 600 square meters, the image is more high-end, but also more emphasis on the scene experience.
In March of this year, Xiaomi issued an announcement to officially confirm its entry into smart electric vehicles. The first phase of investment is 10 billion. It is expected to invest 10 billion US dollars in the next 10 years. The company will be CEO of Lei Jun, and core members include Wang Xiang, Lu Weibing, Liu De, Hong Feng, Li Xiaoshuang Wait.
On September 1, Xiaomi Automobile Co., Ltd. was officially registered and established with a registered capital of 10 billion. The first factory will be located in Yizhuang, Beijing.
In addition, at the previous Xiaomi spring new product launch conference, Lei Jun once said,Xiaomi will use its existing cash reserves of 108 billion yuan, a R&D team of more than 10,000 people, and the world’s top threecell phoneBusiness, the world’s best intelligent ecology, strive to build Xiaomi cars.