Xiaomi Wins Independent Automaker Badge

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Technicians inspect cars produced at Xiaomi's factory in Beijing on March 25. Photo: VCG

Xiaomi Corp. received the green light to independently produce its own electric vehicles (EVs), marking a departure from its reliance on a state-owned auto partner and another milestone in its rapid expansion into the EV market.

The Ministry of Industry and Information Technology (MIIT) has added Xiaomi EV Technology Co. Ltd., the smartphone giant’s carmaking subsidiary, to its latest catalog of companies allowed to manufacture vehicles in China, published Friday.

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Xiaomi received approval to independently produce EVs from China's MIIT, listed under its subsidiary, Xiaomi EV Technology Co. Ltd.
Xiaomi delivered over 10,000 units of its first model, the SU7, in June 2023, with the production facility capable of making 300,000 EVs annually.
Xiaomi aims to produce and deliver 120,000 SU7 units in 2023 and has started battery production in partnership with CATL, BAIC, and others.

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Who’s Who

Xiaomi Corp.: Xiaomi Corp. has gained approval to independently manufacture electric vehicles (EVs) in China, a major milestone in their EV expansion. The smartphone giant launched its first EV model, the SU7, in March and aims to deliver 120,000 units this year. Xiaomi operates a plant in Beijing with a 300,000-unit capacity and is also building an EV battery manufacturing base with partners.

Xiaomi EV Technology Co. Ltd.: Xiaomi EV Technology Co. Ltd. is the carmaking subsidiary of Xiaomi Corp., which has been authorized by the MIIT to independently produce electric vehicles in China. The subsidiary introduced its first EV model, the SU7, in March 2023. Xiaomi has a manufacturing facility in the Beijing Economic-Technological Development Area with an annual production capacity of 300,000 EVs. The company aims to deliver 120,000 SU7 units in 2023.

BAIC Motor Corp. Ltd.: BAIC Motor Corp. Ltd. is a state-owned automaker listed as the manufacturer of Xiaomi's EVs in the November 2023 MIIT catalog. Xiaomi has collaborated with BAIC on EV production and battery manufacturing. BAIC, along with Contemporary Amperex Technology Co. Ltd. and other partners, is helping Xiaomi build an EV battery manufacturing base.

Contemporary Amperex Technology Co. Ltd.: Contemporary Amperex Technology Co. Ltd. (CATL) is a partner in Xiaomi's EV battery production. CATL collaborates with BAIC and Xiaomi to build an EV battery manufacturing base, which began construction last month. The facility aims to supply batteries to Xiaomi, BAIC, and EV-maker Li Auto Inc.

Li Auto Inc.: Li Auto Inc. is mentioned as one of the EV-makers that will be supplied with batteries from the battery manufacturing base being developed by Xiaomi, BAIC, and Contemporary Amperex Technology Co. Ltd. The facility began construction last month.

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What Happened When

November 2021：: Xiaomi signed a deal for a manufacturing facility with a designed annual production capacity of 300,000 EVs.

November 2023：: A subsidiary of state-owned automaker BAIC Motor Corp. Ltd. was listed as the manufacturer of Xiaomi’s EVs in the MIIT catalog.

March 2024：: Xiaomi brought its first EV model to the market.

April 2024：: Xiaomi delivered 7,058 SU7s.

May 2024：: Xiaomi delivered 8,630 SU7s.

May 2024：: In an earnings call, Xiaomi President Lu Weibing said the company was adopting a double shift system to meet its target of delivering 120,000 SU7s this year.

June 2024：: Xiaomi delivered more than 10,000 SU7s.

June 2024：: Construction of an EV battery manufacturing base began, involving Xiaomi, Contemporary Amperex Technology Co. Ltd., BAIC, and other partners.

Friday, July 12, 2024：: The Ministry of Industry and Information Technology (MIIT) added Xiaomi EV Technology Co. Ltd. to its catalog of companies allowed to manufacture vehicles in China.

Friday, July 12, 2024：: A separate MIIT catalog listed four versions of Xiaomi Auto’s first EV model, the SU7, as new vehicles allowed to be sold in China.

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