XIAOMI(HK:01810) Feng Huang Wang·2025-09-25 12:50Core Insights - Xiaomi's automotive division has successfully challenged the Nürburgring racetrack with its SU7 Ultra model, showcasing impressive performance and capabilities [1][2] - The company aims to create the world's strongest pure electric performance vehicle, driven by a passionate engineering team [1] - The SU7 Ultra prototype achieved remarkable records, ranking third in the official Nürburgring lap time leaderboard, while the production version became the fastest mass-produced electric vehicle on the track [2] Company Development - Xiaomi initiated its automotive project in September 2021 with ambitious goals for electric vehicle performance [1] - The project faced setbacks, including the temporary cancellation of the SU7 Ultra due to resource allocation issues, but was revived after a motivational team meeting [1] - The team encountered initial skepticism from Nürburgring officials regarding Xiaomi's entry into the automotive sector, which they overcame with a detailed plan [1] Performance Achievements - After securing a rare opportunity to test the SU7 Ultra on October 28, 2023, the prototype set impressive records in a limited time [2] - The SU7 Ultra prototype's performance has begun to shift global perceptions of Chinese automotive capabilities [2]