In response to this rumor, Xiaomi's PR head Wang Hua has recently issued a statement to deny it and revealed some of the latest developments.

Lei Jun stated that over the past decade, BYD has been a very important partner of Xiaomi smartphones, and now Xiaomi's car is as well.

Fitch Ratings expects Xiaomi's electric car business to struggle to turn a profit for at least the next three years.

Since the launch of Xiaomi SU7, many car bloggers have published related news about SU7. Many people even mentioned that SU7 dismantled the car immediately and published disassembly reports. Recently, a blogger posted an article saying, "What's wrong with Xiaomi SU7 owners? Either smash them! Or dismantle them! Or drive them off-road! Has the world changed, or have people's hearts changed?" In response, Lei Jun forwarded the headline and commented: "Unexpectedly, Xiaomi SU7 has really become the dream car tested by millions of netizens and carefully selected by millions of netizens."

On March 28, Lei Jun said in an interview after Xiaomi’s press conference: “The profit and loss point of Tesla Model 3 is 223,000 yuan. Our configuration is really much higher than Tesla Model 3, not because I am more capable than Musk , I spent money on it. Their power consumption is much better than mine. I invested a lot of money to reach his level. Tesla is definitely worth learning, at least for three to five years.”

On March 28, Lei Jun said in an interview: "In the pure electric vehicle industry, apart from Tesla, I don't know which one is still making money.The pricing of Xiaomi Motors SU7 should not only make consumers feel that we are sincere, but also We have to be able to bear the losses.229,000 was our original price, and the original price of the top-end version was 350,000.But later (car companies cut prices) we were fooled, so we decided to stick to the standard with sincerity.The price of the model is 30,000 yuan lower than the model 3, and the MAX version is priced at 299,000 yuan.”

On the evening of March 28, Xiaomi Motors, which has been preheated for half a year, was finally launched. The first model, SU7, is positioned as a mid-sized pure electric coupe. A total of 5 models have been launched (including 3 standard editions + 2 founding edition models), priced at 215.900~ 299,900 yuan. According to people familiar with the matter, Xiaomi plans to officially release this SUV model before the end of this year. This news brings new investment opportunities and expectations to investors. At the same time, Xiaomi President Lu Weibing also clearly pointed out that Xiaomi’s goal is not just to be limited to a certain market segment, but to become a participant in all channels and categories. Xiaomi SU7 is just the beginning of our entry into the C-class pure electric luxury sedan market.

In just 27 minutes, Xiaomi cars are set to exceed 50,000 units, while Lei Jun's previous first-year sales target is only 10,000 units.In other words, Xiaomi completed half of the 2024 KPI in half an hour.