Home » Xiaomi starts first batch of deliveries Lei Jun announces: Xiaomi officially becomes a car manufacturer! – Wall Street Insights

Xiaomi starts first batch of deliveries Lei Jun announces: Xiaomi officially becomes a car manufacturer! – Wall Street Insights

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Xiaomi starts first batch of deliveries Lei Jun announces: Xiaomi officially becomes a car manufacturer! – Wall Street Insights

Voice of Securities Daily 04-03 13:32

At the first batch delivery ceremony of Xiaomi SU7, Xiaomi Group founder Lei Jun personally delivered the cars to the first batch of car owners, and delivery centers in 28 cities across the country also started the first batch of deliveries simultaneously.

On the morning of April 3, the first batch delivery ceremony of Xiaomi SU7 was held in the final assembly workshop of Xiaomi Automobile Factory in Yizhuang, Beijing. Lei Jun, founder, chairman and CEO of Xiaomi Group, attended the ceremony and personally delivered the cars to the first batch of car owners. Delivery centers in 28 cities across the country also started the first batch of deliveries simultaneously.

Earlier that day, Lei Jun also announced on Weibo that starting today, Xiaomi will officially become a car manufacturer.

Lei Jun said at the delivery ceremony that in just a few days after Xiaomi SU7 went on sale, more than 100,000 people had placed orders, and the number of locked orders had exceeded 40,000.

It is understood that Xiaomi Auto after-sales network has currently set up 58 service centers across the country. In terms of car owner services, Xiaomi Auto has established an “exclusive service butler group” in the Xiaomi Auto App for each car owner. Service butlers + technical experts respond to user needs 24/7. The service process is transparent and traceable, and car owners can stay at home. Enjoy the one-stop service of ordering, picking up, repairing and delivering the car from the App. In the event of a vehicle failure, in addition to providing 24/7 online diagnostic services, mobile service vehicles and roadside assistance can also respond at any time to protect users when they encounter simple disassembly and assembly, pure software failure, tire repair and other needs.

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At the same time, Xiaomi Automobile Factory is orderly arranging production for existing orders and accelerating the production process in a steady and orderly manner. The Xiaomi automobile factory located in Yizhuang, Beijing, is highly automated and intelligent. When the production capacity is full, a brand new Xiaomi SU7 can roll off the assembly line every 76 seconds. Xiaomi Automobile Factory integrates advanced intelligent technology with traditional intelligent manufacturing innovation. More than 700 robots directly serve the production line, achieving 100% automation of key processes such as die-casting, stamping, body connection, body assembly, painting, and final assembly, fully ensuring production capacity. At the same time, we carefully control the production quality to ensure that every Xiaomi SU7 can be delivered to users quickly and with high quality.

It is understood that Xiaomi Automobile Factory is currently going all out to increase production capacity and fully mobilize supply chain partners to ensure supply. With high efficiency and high quality operations, it will steadily promote the delivery of existing orders as soon as possible and the orderly processing of future orders to ensure User delivery experience.

What will be delivered this time will be the Xiaomi SU7 Founder Edition. The non-original version of Xiaomi SU7 and Xiaomi SU7 Max will be delivered starting at the end of April, and the Xiaomi SU7 Pro will be delivered starting at the end of May.

Regarding the issue of delivery, Xiaomi Motors officials also responded saying that the first batch of founding editions totaled 5,000 units. In order to start delivery to car owners as soon as possible, they adopted an early production method and implemented various steps in the entire delivery process such as production, quality inspection, and logistics. Very strict standards have been set for every step. The founding edition vehicles will complete all production and quality inspection processes in the near future and are being shipped to 29 cities and delivered to users.

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Xiaomi Motors said that it is currently in a state of bursting orders, with new lock-in orders continuing to be added every day. Orders will be scheduled and delivered in the order of the final locked order.

Previously, a video broke the news on the Internet that a test drive of Xiaomi SU7 revealed abnormal noise and fluid leakage. In response, Xiaomi Auto responded…

It is worth mentioning that Xiaomi Group’s share price has continued to rise since March this year due to the expected impact of Xiaomi Motors’ release. On April 2, Xiaomi Group’s share price once rose back to the issue price, reaching a maximum of HK$17.34 per share, an increase of 8.97% that day. On April 3, Xiaomi Group’s share price fell back. As of press time, the intraday share price was HK$15.90 per share.

Author: Xiang Yantao, Source: Voice of Securities Daily, original title: “Xiaomi Motors Starts First Batch Delivery Lei Jun Announces: Xiaomi Officially Becomes a Car Factory!”

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