Lei Jun expects Xiaomi to deliver over 400,000 cars this year.

Today, Xiaomi announced the completion of its 500,000th vehicle, taking approximately 20 months in total, breaking the record for the new energy industry in China. On site, Lei Jun stated that Xiaomi will continue to focus on three key areas. Firstly, the company will persist in prioritizing safety, as safety is the foundation for Xiaomi, with an expected delivery volume exceeding 400,000 units by 2025. Secondly, Xiaomi will continue to increase its investment in technological innovation, with an estimated annual R&D expense of 32 to 33 billion yuan by 2025. Thirdly, Xiaomi will promote the deep integration of AI and intelligent manufacturing, believing that AI and intelligent manufacturing will drive the manufacturing industry to achieve more efficient results. In addition, Lei Jun also stated during the vehicle's completion: "There are high expectations for Xiaomi's car. Actions speak louder than words. Xiaomi will deliver better results to everyone through practical actions."