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Xiaomi Auto's 2nd Phase Plant Said To Hit 300K Units of Annual Production Capacity after Output Begins
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Xiaomi SU7 is poised to hit a monthly production capacity of 24,000 vehicles from November to December 2024, according to a report by the Chinese media outlet 36Kr. In the construction plan for the first phase of the Xiaomi Automobile plant, the slated annual production capacity is 150,000 vehicles, implying a slated monthly production capacity of 12,500 vehicles. Set to reach a monthly delivery of 24,000 units, Xiaomi has its production line utilization rate neared 200%. Whether it is production shifts or production efficiency, Xiaomi has obviously made plenty of preparations. Reports indicated that Xiaomi Automobile is eager to commence production in the second phase of the plant. After its completion in June 2025, the second phase of the plant will first undergo inspection and acceptance by Xiaomi and then be verified and filed with the local housing and construction bureau. It will officially kick off production as early as July or as late as August 2025. After production begins, the two Xiaomi plants will have a total slated annual production capacity of 300,000 vehicles. AAStocks Financial News |
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