小米官宣新一代SU7！ 已开启小订，预计4月份上市

Core Viewpoint - Xiaomi is set to launch its next-generation SU7 model in April, with significant enhancements in safety, design, and technology, including full laser radar support and improved battery life [1] Group 1: Sales and Delivery - Xiaomi has delivered over 360,000 SU7 vehicles in 1 year and 9 months, averaging more than 17,000 units per month [3] - The company aims to exceed 410,000 vehicle deliveries by 2025 and has set a target of 550,000 deliveries for the year 2026 [3] Group 2: Supply Chain and Technology - Xiaomi's automotive success is supported by a robust supply chain, utilizing a "self-research + cooperation" model for core technologies [3] - The company has developed its own super motor and battery pack factory, while also partnering with industry leaders like CATL for high-voltage batteries and NVIDIA for smart driving components [3] Group 3: Financial Performance - Xiaomi's automotive business has achieved profitability, with revenue from automotive and AI innovation reaching 29 billion yuan in Q3 2025, a year-on-year increase of over 199% [3] - Automotive revenue alone was 28.3 billion yuan, marking the first quarter of operational profit with earnings of 700 million yuan [3] Group 4: Future Challenges - Despite current success, Xiaomi anticipates challenges in 2026, including a potential decline in gross margin due to reduced purchase tax subsidies and increased competition in the automotive sector [4]