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Xiaomi car factory construction is steadily underway, not responding to rumors of first car pricing

Xiaomi has attracted a lot of attention from the industry and users since its official announcement to build a car. According to the latest news, it seems that Xiaomi Auto is already discussing pricing range.

According to information obtained by Late Auto, Xiaomi’s first model is a mid-sized slide-back sedan (internal code name Modena Modena). It will be divided into two versions, with internal discussions suggesting that one version will be positioned in the 260,000-300,000 yuan range and the other above 350,000 yuan.

The Daily Economic News found that the entire factory area is approximately rectangular in shape, with the northernmost end starting from Xin Si Road adjacent to the Hechuang Industrial Center and extending south along Xin Fang Road for a length of about 1,200 meters and a width of more than 500 meters, through a site visit to the construction site of the first phase of the Xiaomi car factory. From a distance, the plant is basically shaped in appearance, but the western part of the site can still be seen with new plants under construction.

The reporter also asked Xiaomi officials for confirmation of the above pricing, but Xiaomi officials have not yet given a positive response.

As previously reported, both versions of the Xiaomi car are equipped with Qualcomm’s next-generation intelligent cockpit chip and Nvidia Orin X chip, supporting LIDAR. The high version is based on the 800V high-voltage platform and is equipped with CATL Kirin battery; the low version is based on the 400V platform and is equipped with BYD’s lithium iron phosphate battery.

In addition, sources said the new car is expected to be released as soon as this year, and put on sale in 2024. The source also said that Xiaomi is also developing a second production car (internal code name Le mans Le Mans), which is planned to be launched in 2025.

It is worth mentioning that recently there are also netizens in the vicinity of the Xiaomi Technology Park photographed suspected Xiaomi car, body plastered with camouflage paint, but from the model for the coupe model, the appearance of some like Porsche Paramela, and equipped with LIDAR.

It was also previously reported that Xiaomi’s first car, internally codenamed MS11, may be equipped with 800V technology, equipped with a 260kW electric bridge, and is expected to be officially mass-produced in January 2024. The first engineering vehicle is reported to have rolled off the production line on September 28, 2022.

In addition, there are also reports that Xiaomi Auto has finalized the main supplier of power battery for Ningde Time and BYD’s Fudi battery, while the LIDAR will be selected from WoSai Technology, Xiaomi Auto team researched self-driving technology and is currently working on software integration, while the pricing ceiling of this upcoming car is expected to be higher than 300,000 yuan.

Xiaomi Auto project has settled in Beijing Economic Development Zone, building Xiaomi Auto headquarters base and sales headquarters, R & D headquarters, will be divided into two phases to build an annual output of 300,000 vehicles factory, of which the first phase and the second production capacity of 150,000 units, respectively, is expected in 2024 the first car will be off the line and achieve mass production.

The financial report shows that Xiaomi invested 829 million yuan in innovative businesses, including automobiles, in the third quarter of 2022, and the R&D team of Xiaomi Auto has exceeded 1,800 people.

Lei Jun previously introduced at the conference that Xiaomi’s self-driving technology has entered the testing phase. The first phase of planning 140 test vehicles, will be tested in the country one after another, the goal is to enter the industry’s first camp in 2024.

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