Xiaomi Auto has delivered its 500,000th vehicle in just over 19 months, highlighting the rapid pace of NEV production in China.

      Xiaomi Auto announced on Thursday that it has produced its 500,000th vehicle, achieving this milestone in just over 19 months. This accomplishment sets a new record for the fastest production of 500,000 units by a global new energy vehicle manufacturer.

      Importance: This development indicates a move toward mass production within China's smart electric vehicle industry. It highlights the company's capability to rapidly increase production, showcasing rising consumer confidence and the company's expanding market footprint.

      Details: Xiaomi launched its first vehicle, the SU7, in March 2024.

      Xiaomi's founder, Lei Jun, shared on Weibo that while this number may seem small compared to larger industry players, it signifies considerable progress for Xiaomi Auto, illustrating the company's capabilities in research and development, manufacturing, sales, delivery, and service.

      According to Lei Jun, the firm will maintain its focus on safety and delivery, with safety being the core priority. While upholding quality and safety, Xiaomi aims to boost production speed. The company will also emphasize enhancing technological innovation and further blending AI with smart manufacturing.

      On Wednesday, Xiaomi Group partner Lu Weibing disclosed during an earnings call that Xiaomi Auto is projected to achieve its annual delivery goal of 350,000 vehicles this week.

      Context: Xiaomi's third-quarter earnings report for 2025 indicated ongoing growth in deliveries for Xiaomi Auto, with figures of 75,869 vehicles in Q1, 81,302 in Q2, and 108,796 in Q3. In October, the Xiaomi YU7 was reported to be the top-selling domestic SUV, according to the company.

      The company reported third-quarter revenue of RMB 113.1 billion ($15.7 billion), representing a 22.3% increase year-over-year. The adjusted net profit amounted to RMB 11.3 billion ($1.56 billion), reflecting an 80.9% rise.

      Revenue from smart electric vehicles and AI-related ventures reached RMB 29 billion ($3.97 billion), coinciding with the delivery of 108,796 new cars during the quarter.

      Jessie Wu is a tech reporter based in Shanghai, focusing on consumer electronics, semiconductors, and the gaming industry for TechNode. You can reach out to her via email: [email protected].