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Lei Jun: Xiaomi’s car’s performance is comparable to a two-million-petrol car, so there’s no rush to price it

IT House reported on January 22 that today some netizens mentioned the pricing issue of Xiaomi SU7 in Lei Jun’s Weibo comments and asked Lei Jun if he dared to determine the price before the year. In response, Lei Jun said there was no rush and he would make decisions after this round of testing. He emphasized that quality is the first priority.

Lei Jun: Xiaomi’s car’s performance is comparable to a two-million-petrol car, so there’s no rush to price it

Previously, Lei Jun revealed in an interview with CCTV Finance: Xiaomi Motors' first model may be a bit expensive, equivalent to the performance of a two- to three-million-dollar luxury car. At the same time, Lei Jun also reiterated that the price of Xiaomi's first model will not be 99,000 yuan, 149,000 yuan, or 199,000 yuan. It said that these prices are a joke and the pricing will indeed be a bit expensive. The final price will be announced at Xiaomi Auto’s official product launch.

Lei Jun also said in the interview, "In the end, smart electric vehicles are the same as the consumer electronics and software industries. They are winner-take-all. We feel that if we don't reach the top five in global sales, we may not be able to survive, so we have been from the beginning." Invested US$10 billion to build cars.” Earlier today, Lei Jun added on his official Weibo: “Xiaomi Motors’ goal is to become one of the top five automakers in the world through 15 to 20 years of hard work and contribute to the Chinese auto industry. Strive to rise in an all-round way!”

IT House noticed that Lei Jun also launched a poll on Weibo today, allowing netizens to vote for the best-looking car within the price of 500,000 yuan. And said that for the sake of fairness, Xiaomi SU7 will not participate in the voting. As of press time, Audi A6 has received the most votes.

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