A number of people are familiar with the matter as saying that BYD’s power battery business, Fudi Battery, is actively exploring the market in the new car camp, including Weilai and Xiaomi Auto, among which Weilai Spring Festival BYD’s lithium iron phosphate battery has been finalized before.
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According to reports, Xiaomi’s first model has two configurations, high and low. Among them, the low-end models use a 400V voltage platform and plan to use BYD blade batteries; while the high-end models use an 800V voltage platform, but “there is a high probability of using products from the Ningde era, but The details of the cooperation have not yet been finalized.”
Moreover, the Management Committee of the Beijing Economic and Technological Development Zone signed a cooperation agreement with Xiaomi in November last year, officially announcing that Xiaomi cars will be settled in the Beijing Economic and Technological Development Zone.
Furthermore, Xiaomi Auto will build a vehicle factory in two phases in the Beijing Economic and Technological Development Zone. The cumulative annual output of the factory is expected to be 300,000 vehicles.
In addition, the production capacity of the first and second phases is 150,000 vehicles. In 2024, Xiaomi’s first car will roll off the assembly line in the Beijing Economic and Technological Development Zone and achieve mass production.