Xiaomi's automotive production capacity is increasing, and the second phase of the factory is under preparation

As orders far exceeded expectations, Xiaomi Auto's Phase I factory has increased production, with a monthly production rate of 20,000 vehicles, and its current capacity utilization rate is as high as 160%. At the same time, Xiaomi Auto's Phase II factory is being intensively prepared and is scheduled to be completed in June 2025, and officially put into production in July 2025 at the earliest and August at the latest. After production, the two factories will provide a total rated annual production capacity of 300,000 vehicles.