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XIAOMI-W Lei Jun: Breakthrough in Smart Driving Tech to be Announced Soon
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XIAOMI-W (01810.HK) Chairman Lei Jun said at an event that the Xiaomi SU7 is marching towards a delivery of 20,000 cars this month with full force, and that Xiaomi is striving to make the best car compatible with the Apple ecosystem after Apple gave up making cars.

Lei said that Xiaomi's R&D expenses are expected to reach RMB24 billion this year and more than RMB30 billion next year, and that a breakthrough in intelligent driving technology of the Xiaomi Automobile will be announced soon.

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