Lei Jun, founder, chairman and CEO of the Xiaomi Group, delivered a speech at today's Xiaomi Pengcheng technology conference. He said that on December 28, 2023, the first Xiaomi car technology conference proposed the goal of Xiaomi's car building: to create a dream car comparable to Porsche and Tesla, and a smart mobile space that is easy to look at, easy to drive, comfortable, and safe. In two and a half years, Xiaomi released two models — the Xiaomi SU7 and the Xiaomi YU7. Both cars have become explosions, and more than 700,000 units have been delivered.

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