The source said that Xiaomi Automobile discussed cooperation with BAIC and brilliance to seek contract manufacturing of SUV models.
CTOnews.com, October 16, according to Interface News on Friday, people close to Xiaomi said that Xiaomi plans to realize the "two-line propulsion" strategy of coupe and SUV models: to produce sedan models through a self-built factory and to produce SUV models in cooperation with other automakers.
According to reports, people familiar with the matter revealed that Xiaomi approached Jianghuai Automobile at the end of August this year to discuss the contract manufacturing of new energy vehicles, but the two sides failed to reach a final cooperation.
Since October this year, Xiaomi has approached BAIC Blue Valley (CTOnews.com) and brilliance for cooperation talks on production and other issues. It is said that the cooperation between Xiaomi Automobile and BAIC has been deepened, and both sides have the intention to enter further negotiations, but the form of cooperation is unknown.
Earlier, CTOnews.com quoted Bloomberg as saying that Xiaomi had held talks with a number of automakers about potential production partnerships, including brilliance and Chery, according to people "familiar with the situation." last year, Bloomberg reported that Xiaomi and BAIC were talking about a partnership to produce electric vehicles.
As for this discussion and cooperation, it is for the preparation of the SUV model. According to people familiar with the matter, "it is still unknown whether Xiaomi cars can become hot products in the future, so Xiaomi is considering whether to produce its own SUV models." Therefore, cooperation has become the "optimal solution" for Xiaomi cars to increase quickly and save money.
Xiaomi Automobile plans to build a complete vehicle factory in two phases in Yizhuang, Beijing. the first phase of the plant has been basically completed and put into operation, with an annual production capacity of 150000 vehicles. Lei Jun aims to sell 100000 vehicles in 2024.
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"it is reported that Xiaomi Automobile has discussed production cooperation with Chery and brilliance, and is trying to obtain approval from the Ministry of Industry and Information Technology."
