XIAOMI(HK:01810) Sou Hu Cai Jing·2025-10-28 08:13Core Insights - Xiaomi Auto has announced a significant organizational restructuring, establishing a new primary department called the Architecture Department, which will focus on the next-generation technology architecture for smart electric vehicles [1][5] - The restructuring aims to enhance strategic foresight regarding technology trends and improve the competitive edge of Xiaomi Auto in the market [5] Company Developments - The head of vehicle research and development, Cui Qiang, has been appointed to the new Architecture Department, while Wang Zhensuo, the former head of electric power, will take over Cui's previous role [3] - The outcomes of the new department's work will influence the technological direction and standards of Xiaomi's future products [3] Product Performance - Xiaomi Auto was founded in 2021 and plans to launch its first product in 2024 amid a highly competitive pricing environment [4] - The company has developed high-performance core motors in-house, contributing to the SU7's impressive acceleration of 0 to 100 km/h in 2.78 seconds and enabling the SU7 Ultra to surpass the Porsche Taycan's lap time at the Nürburgring [4] - Cumulative sales of the SU7 have exceeded 258,000 units, while the YU7 achieved over 240,000 orders within 18 hours of its launch, with more than 40,000 units delivered in three months; the SU7 Ultra has received over 23,000 orders [5]