The 500,000th complete vehicle has rolled off the production line, Lei Jun: Xiaomi car reaches an important milestone.

On November 20th, Xiaomi (01810) subsidiary Xiaomi Automobile announced on Weibo that the 500,000th complete vehicle of Xiaomi Automobile has officially rolled off the production line. This is a new starting point, and they will continue to strive for success in the future. Xiaomi Chairman Lei Jun expressed his excitement, welcoming an important milestone in Xiaomi Automobile's history, from the first unit to 500,000 units in just over 1 year and 7 months. He mentioned that for industry giants, 500,000 units may seem insignificant, but for Xiaomi Automobile, it is of extraordinary significance. This milestone signifies that Xiaomi Automobile's capabilities in research and development, manufacturing, sales, delivery, and service have been fully validated, and also indicates that Xiaomi Automobile has gained recognition from consumers and has entered a new stage of scalability.