Xiaomi: Not participating in the car price war, core task is car delivery.

At the performance media conference on August 19, Xiaomi executives made it clear that Xiaomi does not participate in price wars in the automotive industry, nor do they participate in the intense competition within the industry. The main task of Xiaomi's automotive division is to deliver car products. They stated that the operating losses of Xiaomi's automotive division are significantly narrowing and there is a possibility of achieving profitability in new automotive businesses on a quarterly or monthly basis in the second half of the year. Both the Xiaomi SU7 and YU7 have been successful, and the company is confident in the continued growth of its automotive business.