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Xiaomi Motors Praised! Beijing Economic-Technological Development Area's High-end and New Energy Intelligent Automobile Industry Output Exceeds 63 Billion Yuan

Jian Jia Sat, Apr 20 2024 10:16 AM EST

On April 20th, it was announced on the official WeChat account of "Beijing Yizhuang" that in the first quarter of this year, the output value of the high-end automobile and new energy intelligent automobile industry in Beijing Economic-Technological Development Area (Beijing Yizhuang) reached 63.48 billion yuan, an increase of 2.6% year-on-year.

Among them, Xiaomi Motors was singled out for praise, with the SU7 model's launch injecting new momentum into the industry. Nearly 90,000 units were preordered within 24 hours, showing a promising start. 20e80623-ff0b-4b47-a717-46062de4e172.jpg Since settling in Beijing's Yizhuang district, Xiaomi's foray into the automotive industry has been marked by a staggering R&D investment exceeding 10 billion yuan over three years, coupled with successful technology and launch events. Xiaomi's automotive venture has been steadily gathering momentum, eliciting enthusiastic responses from the market.

Official sources from Xiaomi Automotive reveal that current order volumes far surpass initial projections, with the company's manufacturing facilities now ramping up production to meet demand. 0fb6a778-299d-4f83-950a-129ea68ac03b.jpg Xiaomi's highly automated and intelligent factory in Beijing's Yizhuang district is quite impressive.

With six major processes tailored for new energy vehicles, over 700 robots directly serve the production lines. This setup achieves 100% automation in key processes like die casting, stamping, body connection, body assembly, painting, and final assembly, all empowered by AI for high-precision quality inspection. s_ad9bce43067b4091b45a054428d1ce14.png After reaching full capacity, the Xiaomi automotive factory can produce 40 Xiaomi SU7s per hour, with a new car rolling off the line every 76 seconds.

Apart from Xiaomi automobiles, Beijing Benz rolled out its 5 millionth vehicle in February this year. In March, its monthly production achieved double-digit growth compared to the previous month, presenting an impressive performance report. s_e46d5db2a2814f13907e4a788bd86c2c.png