XIAOMI(HK:01810) Ju Chao Zi Xun·2025-10-16 14:04Core Insights - Xiaomi has delivered approximately 400,000 vehicles since its entry into the smart car market a year and a half ago, showcasing strong sales performance [1][3] - The company emphasizes a self-research and full-stack control approach in the smart vehicle sector, focusing on smart driving, intelligent cabins, and electronic architecture systems [1] - Xiaomi's investment in smart driving technology has reached 5.79 billion yuan, with a dedicated team of over 1,800 people working on core areas such as algorithms, perception, data, simulation, and system integration [1][4] Company Performance - Xiaomi's automotive sales have been driven by its high cost-performance ratio and technological attributes, leading to record quarterly deliveries in Q3 2025, positioning it among the top new force brands in China [3] - The company plans to continue investing in smart and electric vehicle technologies as part of its "human-vehicle-home ecosystem strategy," aiming to promote high-quality development in China's new energy vehicle industry [3] Industry Insights - Industry experts attribute Xiaomi's rapid advancements in smart driving capabilities to its long-term investments in AI algorithms, chip computing power, and operating systems [4] - Xiaomi's smart driving solutions have successfully integrated experiences across urban, highway, and parking scenarios, indicating a comprehensive approach to smart vehicle technology [4]