Lei Jun - TechWire

Lei Jun

2025.06.18

10:11

China Merchants Securities: Xiaomi Motors sales are expected to reach 350,000-400,000 units this year, and YU 7 may become the next hit

China Merchants Securities International issued a report stating that Lei Jun, founder of Xiaomi Group (01810.HK), recently announced that the group's first SUV model YU 7 will be released at the end of this month and is expected to be launched in July. The bank believes that YU 7 has great potential to become a hit and will continue the growth trend of SU 7. Xiaomi Auto is expected to double its sales next year. The report stated that Xiaomi SU 7 was not affected by the price war and demand remained strong. YU 7 may have a greater hit effect than SU 7 because its number of retained users is three times that of the same period when SU 7 technology was released. The bank predicts that the starting price of YU 7 is about 250,000 yuan, and the largest direct competitors are Tesla Model Y, NIO EC6 and Xiaopeng Motors G7. The bank predicts that Xiaomi YU 7's steady-state monthly sales will reach 30,000-40,000 units, and Xiaomi Auto's sales this year will reach 350,000-400,000 units. Among them, SU 7+YU 7 is expected to impact 50,000-60,000 units, and next year it is expected to challenge 700,000-800,000 units. Xiaomi Group is considering continuing to launch new models next year. If production capacity is released sufficiently, the sales volume is expected to exceed 1 million vehicles.

06:59

Lei Jun: Xiaomi YU7 prototypes have arrived in stores one after another

On June 18, Lei Jun, founder, chairman and CEO of Xiaomi, posted on Weibo that Xiaomi YU7 will be released at the end of this month and prototypes have arrived in stores.

2025.06.17

12:33

Lei Jun, Chairman of Xiaomi Group: Xiaomi Tablet 7S Pro, the second flagship tablet equipped with the Xuanjie O1 chip, will be released at the end of this month.

2025.06.16

08:39

Lei Jun, Chairman of Xiaomi Group: Xiaomi YU7 will be released at the end of June.

08:36

Lei Jun: Xiaomi Yu7 will be released at the end of June

Lei Jun posted on social media that Xiaomi Yu7 will be officially released at the end of June. At the same time, Xiaomi will also launch a number of new blockbuster products, including the Xiaomi Tablet 7S Pro equipped with the Xuanjie O1 chip.

2025.06.11

08:44

Lei Jun: Xiaomi SU7 Ultra breaks the Nürburgring lap record for mass-produced electric vehicles, becoming the fastest mass-produced electric vehicle in the history of the Nürburgring

Lei Jun posted on his personal social media platform that the mass-produced version of Xiaomi SU7 Ultra made its first appearance at the Nürburgring, breaking the lap record for mass-produced electric vehicles on the Nürburgring track in Germany, becoming the fastest mass-produced electric car in the history of the Nürburgring, with a lap time of 7 minutes 4.957 seconds.

2025.06.06

16:57

Xiaomi SU7 deliveries exceed 250,000 units

On June 6, Xiaomi founder Lei Jun posted on a social platform that more than 250,000 units of Xiaomi SU7 have been delivered.

2025.06.04

11:27

Lei Jun arranged an 18 yuan red envelope for milk tea without any threshold? Xiaomi: Fake news

In response to a picture circulating online that showed Lei Jun arranging a Taobao flash sale with an 18-yuan red envelope with no threshold, Xiaomi Group responded on June 4 that it was fake news. The picture showed that Lei Jun, founder, chairman and CEO of Xiaomi Group, posted a message saying that to celebrate the official launch of Xiaomi YU7, everyone was given a cup of milk tea and a corresponding red envelope redemption password was provided.

2025.06.03

16:22

Lei Jun: Fight against involution and do not engage in price wars, and soon make automotive chips

On June 3, Lei Jun, founder, chairman and CEO of Xiaomi Group, said at the Xiaomi Investor Conference that he would fight against internal competition and not engage in price wars, and would soon make automotive chips. Lei Jun mentioned that the price of the standard version of YU7 will not be just 20,000 yuan higher than the standard version of SU7; new businesses such as automobiles and chips are expected to break even in Q3-Q4 this year.

16:03

Lei Jun: YU7 pricing will be determined 1-2 days before sales start, Xiaomi's automotive business is expected to achieve profitability in the third and fourth quarters of this year

Lei Jun, the founder of Xiaomi, disclosed at the Xiaomi Investor Conference that the price of the latest Xiaomi YU7 is unlikely to be the 235,900 yuan rumored on the Internet, and the official price will not be determined until 1-2 days in advance. According to Lei Jun, Xiaomi's automotive business losses are gradually narrowing, and it is expected to achieve profitability in the third and fourth quarters of this year. The total budget for YU7's intelligent driving research and development investment reached 3.5 billion yuan, and the overall investment is at the leading level in the industry. Lei Jun said that Xiaomi began investing in the research and development of robots five years ago, and the car factory is currently trying out related capabilities. Xiaomi's automotive chips are under development and are expected to be launched soon. In addition, Lei Jun said that Xiaomi will insist on controlling the hardware profit margin at 5% for a long time.

2025.06.01

13:19

Lei Jun deleted the original defamatory text

Lei Jun, founder and chairman of Xiaomi, posted on Weibo today, introducing the delivery volume of Xiaomi SU7 in May this year and announcing the large-scale mass production of Xiaomi YU7, and wrote: "I just learned a famous saying of Mo Yan: Defamation is itself a kind of admiration." Lei Jun seemed to be responding to Yu Chengdong. However, Lei Jun later edited this Weibo, deleted this sentence, and only left related pictures and information related to Xiaomi Auto.

10:29

Lei Jun seems to respond to Yu Chengdong: I just learned a famous quote from Mo Yan - Defamation is itself a kind of admiration

Lei Jun posted on Weibo today that the delivery volume of Xiaomi su7 exceeded 28,000 units in May 2025. We are making every effort to prepare for the large-scale mass production of Xiaomi yu7, which is expected to be mass-produced in July. In addition, Lei Jun also said that he had just learned a famous saying from Mo Yan: Defamation is itself a kind of admiration. Yu Chengdong said earlier that "this company from other industries only made one car and it sold out. Although its products may not be that good, they sold very well", and the outside world interpreted that Yu Chengdong was referring to Xiaomi.

2025.05.30

15:43

Lei Jun: I will not attend the auto show recently and will focus on preparing for the launch of YU7

Lei Jun posted a message on Weibo to warm up for the Chengdu Station of the Xiaomi China Endurance Championship, which will start tomorrow. He revealed that the Xiaomi SU7 Ultra will serve as a safety car and medical car to escort the event, and will also bring a wonderful drift performance at the opening ceremony. In the comment area, some netizens asked Lei Jun whether he would come to the Chengdu Championship or the Shenzhen Auto Show. Lei Jun responded: "Both events are very interesting, but I really can't attend. Xiaomi YU7 is about to be launched, so I'd better concentrate on the preparations before the product is launched!"

2025.05.23

07:15

From new cars to chips, "Xiaomi Manufacturing" extends to multiple fields

On the evening of May 22, Xiaomi's 15th anniversary strategic new product launch conference was held in Beijing, launching a number of new products covering four major areas: chips, mobile phones, tablets, and automobiles, namely the new "Xuanjie O1" 3nm flagship processor, the new flagship Xiaomi 15S Pro, Xiaomi Tablet 7 Ultra, and the new Xiaomi YU 7. Lei Jun, chairman of Xiaomi Group, who has been silent for a while, is in the spotlight again. He said that this year is the 15th anniversary of Xiaomi, and technology-based and continuous progress is the path of Xiaomi's growth. With Xiaomi's mobile phone market share ranking among the top three in the world for 19 consecutive quarters, Xiaomi's automobiles, chips, and smart factories have completed the leap from "0 to 1", and the "people, cars, and homes" full ecological strategy has officially closed the loop. Xiaomi has become a technology company with a complete ecology. He revealed that in the next five years (2026 to 2030), Xiaomi's R&D investment is expected to reach 200 billion yuan. Industry experts analyzed to reporters that from new cars to chips, from mobile phones to air conditioners, "Xiaomi Manufacturing" is continuing to extend to multiple fields. Xiaomi Group hopes to leverage its own advantages in capital, marketing, manufacturing R&D, etc., change its positioning as a manufacturing company that leverages the mass market with high cost performance, and strive for the higher goal of becoming a leading company in the global technology ecosystem.

2025.05.22

21:42

Lei Jun: It is impossible for Xiaomi YU7 to be priced at 199,000 yuan, it will probably be sold at more than 300,000 yuan

At the Xiaomi Group's 15th anniversary strategic new product launch conference held on the evening of May 22, Lei Jun, the founder and chairman of Xiaomi, said that some netizens mentioned that the price of Xiaomi YU7 was 199,000 yuan, "This is impossible. Compared with the configuration of Model Y, it is about 300,000 yuan." He said that Xiaomi YU7 will be officially launched in July this year, and the price will be announced at that time. Regarding the small price, Lei Jun said that he was worried that it would be too troublesome for everyone, so he would not small price it. Interested friends can leave contact information on the APP, and our product experts will contact you.

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