News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Xiaomi Auto's 2nd Phase Plant Said To Hit 300K Units of Annual Production Capacity after Output Begins
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 construc...
Reset
Send
The window will close in 5 seconds
Xiaomi Auto's 2nd Phase Plant Said To Hit 300K Units of Annual Production Capacity after Output Begins
Close
Recommend
20
Positive
37
Negative
9
 
 

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.

Related NewsM Stanley Sees Structural Trend for KINGSOFT (03888.HK)'s Holdco Discount Narrowing
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

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.