XIAOMI(HK:01810) Sou Hu Cai Jing·2025-11-20 09:40Core Insights - Xiaomi has achieved a significant milestone by producing its 500,000th vehicle in just 602 days, setting a record for the fastest production ramp-up among global new energy vehicle manufacturers [1] - The success of Xiaomi's automotive division is attributed to the support from users, suppliers, media, and government authorities, as well as the efforts of the Xiaomi automotive team [3] - Safety has become a focal point for Xiaomi, with the CEO emphasizing the importance of safety in production and delivery processes, reiterating the commitment to prioritize safety and quality [5] Production and Delivery Goals - Xiaomi plans to deliver over 400,000 vehicles by the end of this year, exceeding its previous target of 300,000, which was later raised to 350,000 for 2025 [7]