Krypton quoted a number of people familiar with the matter as saying that BYD’s power battery business, Fudi Battery, is actively exploring the market in the new car camp, including Weilai and Xiaomi Auto, among which Weilai Spring Festival BYD’s lithium iron phosphate battery has been finalized before.
According to reports, Xiaomi’s first model has two configurations, high and low. Among them, the low-end models use a 400V voltage platform and plan to use BYD blade batteries; while the high-end models use an 800V voltage platform, but there is a high probability of using products from the Ningde era, but The details of the cooperation have not yet been finalized.
The Management Committee of the Beijing Economic and Technological Development Zone signed a cooperation agreement with Xiaomi in November last year, officially announcing that Xiaomi cars will be settled in the Beijing Economic and Technological Development Zone.
According to reports, Xiaomi Auto will build a vehicle factory in two phases in the Beijing Economic and Technological Development Zone. The cumulative annual output of the factory is expected to be 300,000 vehicles, and the production capacity of the first and second phases is 150,000 vehicles. In 2024, Xiaomi’s first car will roll off the assembly line in the Beijing Economic and Technological Development Zone and achieve mass production.
Lei Jun said on October 19 that Xiaomi Auto had been registered in Beijing on September 1, and the first factory would be settled in Beijing. 20,000 resumes have been received, and 453 R&D team members have arrived.
Lei Jun also said at the investor day that the progress of Xiaomi’s car manufacturing and team’s work has far exceeded his expectations, and it is expected that Xiaomi’s car will be officially mass-produced in the first half of 2024.
According to the financial report released by Xiaomi on November 23, the current number of R&D personnel in Xiaomi has reached 13,919, accounting for more than 44% of the total number of employees; among them, the Xiaomi car team has more than 500 members.