On November 20, Xiaomi reached a milestone that would have sounded impossible just a few years ago:
the 500,000th Xiaomi car rolled off the line at the Beijing Yizhuang Super Factory.
From Car #1 to Car #500,000, it took Xiaomi only 1 year and 7 months—about 602 days.
According to industry data, this is the fastest production ramp-up in China’s EV history, and very likely one of the fastest globally.
And this momentum is not slowing down:
• The Xiaomi YU7, delivered starting in July, became China’s best-selling SUV last month, surpassing the Model Y—regardless of price or powertrain.
• 2025 delivery target upgraded from 300,000 → 350,000 → 400,000—a 33% jump from the original plan.
• Q3 alone: 108,796 vehicles delivered, generating ¥28.3B in EV revenue.
• For the first time ever, Xiaomi’s EV + AI segment achieved single-quarter operating profit (¥700M).
Across China, Xiaomi already has:
• 402 sales stores in 119 cities
• 209 service centers in 125 cities
And the ambition continues:
• 2024 R&D investment: ¥32B–33B
• Next 5 years R&D commitment: ¥200B
This is no longer a “smartphone company building cars.”
This is a vertically integrated, AI-native automaker scaling faster than anyone predicted.
Why does this matter?
Because Xiaomi’s rise is not luck—it’s the result of a strategic system we call “The Xiaomi Formula.”
A repeatable blueprint built on:
• Fan-centric product thinking
• Extreme efficiency and speed
• “Triathlon strategy” of hardware, software, and AI
• Founder-led execution with radical transparency
• And the courage to bet big on R&D long before it pays off
If you want to understand how Xiaomi pulled this off—and why the next 5 years may be even more explosive—you’ll find the full breakdown in the book:
📘 The Xiaomi Formula
A deep dive into Lei Jun’s mindset, strategy, and the operating system behind Xiaomi’s resurgence.
👉 Available on Amazon.
As Xiaomi hits 500,000 cars, one thing is clear:
We’re witnessing the rise of a new global EV powerhouse—and the story is still being written.
