Xiaomi officially announced the SUV model： named ＂Xiaomi Yuqi＂, which will be officially launched in June and July next year.

Xiaomi’s first SUV model, which was expected by the outside world, was finally unveiled.

On December 9th, Xiaomi’s new SUV model was officially exposed according to the details of the publicity of the enterprise’s declared model disclosed by official website of the Ministry of Industry and Information Technology. The product model is XMA6500LBEVA1, the name is pure electric multi-purpose passenger car, and the production address is No.21, Huanjing Road, Beijing Economic and Technological Development Zone.

According to the application information, the length of the vehicle is 4999mm, the width is 1996mm, the height is 1600mm and the wheelbase is 3 meters.

On November 15th last year, the Ministry of Industry and Information Technology issued the Announcement of Road Motor Vehicle Manufacturers and Products (the 377th batch), and two Xiaomi brand cars were officially unveiled. The name of the company was Beijing Automotive Group Off-road Vehicle Co., Ltd., and the production address was: No.21 Courtyard, Huanjing Road, Beijing Economic and Technological Development Zone.

According to Xiaomi Auto Weibo, the new car of Xiaomi YU7 SUV is expected to be officially launched in June and July next year.

On November 18th, Xiaomi Group (1810.HK) released its financial report for the third quarter of 2024. The total revenue of Xiaomi Group in the third quarter of this year was 92.5 billion yuan, up 30.5% year-on-year. The net profit in the third quarter was 5.35 billion yuan, a year-on-year increase of 9.7%; The adjusted net profit was 6.3 billion yuan, a year-on-year increase of 4.4%, including the adjusted net loss of 1.5 billion yuan for innovative businesses such as smart electric vehicles.

At that time, in the conference call after the earnings report, Xiaomi President Lu Weibing said that Xiaomi SU7 delivered more than 20,000 vehicles in October and will exceed 20,000 vehicles again in November. Under this situation, Xiaomi Automobile adjusted its delivery target in 2024 from the original plan of 120,000 vehicles to 130,000 vehicles.

Earlier on October 29th, Lei Jun announced the high-performance version of Xiaomi SU7-SU7 Ultra, also known as the ultimate version of SU7. Lei Jun said that Xiaomi SU7 Ultra will be a racing car that can legally go on the road, and it has also become the fastest four-door car in the history of New North, with a pre-sale price of 814,900 yuan. The production version will be officially released in March next year.

There are constant speculations about Xiaomi SUV in the industry, especially for the price. There are price speculations from 150,000 yuan to 300,000 yuan, but Xiaomi has not responded to relevant rumors.

Xiaomi’s layout on the SUV is ready. As early as April 18th, during the live broadcast in Tik Tok, Lei Jun answered a question from a netizen (will he be an SUV). At that time, he said, "This question cannot be answered and needs to be kept secret."

On April 20th, at the symposium on the 30th anniversary of Internet development in China, Zhou Hongyi asked Lei Jun: Xiaomi SU7 is so hot, can you give him a experience? Lei Jun gave a "high emotional intelligence reply": he carefully studied the car selection standard in Zhou Hongyi, and he couldn’t drive but only sat in the back seat. Xiaomi SU7 was designed for users who pursued driving pleasure and was not suitable for him. I will recommend it to him when Xiaomi makes SUV version.