XIAOMI(HK:01810) Guo Ji Jin Rong Bao·2025-08-19 09:21Core Viewpoint - The incident involving a Xiaomi car resulted in a serious traffic accident, raising concerns about the safety of Xiaomi's vehicles and their driving technology [3][4][14]. Group 1: Accident Details - On February 11, 2025, a Xiaomi car driven by Wang collided with a Honda car, resulting in four deaths and two injuries [3][4]. - The Xiaomi car was traveling at a speed of approximately 133-134 km/h, which is significantly above the legal speed limits for the area [4][12]. - The accident was attributed to Wang's reckless driving behavior, including illegal overtaking and speeding, leading to him being held fully responsible for the incident [4][12]. Group 2: Legal and Social Reactions - Following the accident, Wang was arrested, and the case is currently under judicial review [3]. - A controversy arose regarding a certificate issued by a village official, which was misrepresented as a poverty certificate; it was actually a statement of Wang's character and family situation [3][4]. - The village official was suspended for improperly issuing the certificate without understanding its intended use [3]. Group 3: Company Performance and Market Impact - Xiaomi's first car model, the SU7, launched in March 2024, received significant market attention, achieving 50,000 orders within 7 minutes of its release [14]. - The SU7's sales reached 70,580 units in its first month, with total deliveries exceeding 135,000 units in the first year, ranking seventh among new energy vehicle manufacturers [16]. - Despite strong sales, the company faces ongoing scrutiny due to multiple accidents involving its vehicles, which could impact its reputation and future sales [16][17].