Xiaomi, a prominent player in the technology industry, has always garnered significant attention from enthusiasts and consumers alike. Recently, on June 12, CNMO, a technology news platform, obtained a set of unofficial renderings of the highly anticipated “Xiaomi Car” that were circulating on the internet.
The renderings were created by Ramen Master Design, a renowned 3D digital designer specializing in car styling. The designer shared the renderings on Weibo, a popular social media platform in China. Clarifying that these renderings were based on conjecture and not entirely accurate, the designer acknowledged that they were created for personal entertainment and to provide enthusiasts with a glimpse of what the long-awaited Xiaomi car might look like.
The blogger further expressed their experience in creating the renderings, stating that the work was completed during the Spring Festival but was unfortunately halted by the official channels. However, the recent approval to release the renderings brought a sense of honor to the designer. Grateful for the opportunity, the blogger quickly rendered more than a dozen high-quality images and invited viewers to share their feedback, criticisms, and suggestions.
Considering the unofficial renderings of the “Xiaomi Car,” it is important to note that they represent speculative designs and may not accurately reflect the final product. However, such renderings can spark excitement and anticipation among enthusiasts, allowing them to imagine and discuss the possibilities of Xiaomi’s foray into the automotive industry.
Moving beyond the renderings, Xiaomi Group released its first-quarter performance announcement for 2023. According to the data, the company recorded a total revenue of RMB 59.5 billion in the first quarter, marking a year-on-year increase of 13%. The adjusted net profit amounted to RMB 3.2 billion, showing a significant month-on-month increase of 121%. Although the gross profit experienced a slight year-on-year decrease of 8.8%, the company’s commitment to research and development remained strong, with R&D expenditure reaching RMB 41 billion, representing a noteworthy year-on-year increase of 17.7%. Of this amount, approximately RMB 1.1 billion was allocated to the innovative business segment, including smart electric vehicles.
Furthermore, Lu Weibing, a partner and president of Xiaomi Group, shared that the development of Xiaomi’s car manufacturing venture is progressing smoothly, having entered the accelerated research and development stage. Plans are in place to conduct summer and winter tests to ensure the vehicle’s performance under diverse weather conditions. As initially planned, Xiaomi aims to launch its cars in the first half of the coming year.
The research and development team dedicated to Xiaomi’s car project comprises over 2,300 individuals, highlighting the company’s substantial investment in this endeavor. In August of the previous year, Xiaomi’s autonomous driving technology made its public debut, showcasing the company’s ambitions in the automotive sector.
In conclusion, the release of unofficial renderings of the “Xiaomi Car” has generated substantial interest among technology enthusiasts. While these renderings provide an imaginative glimpse into what the future vehicle may look like, it is crucial to remember that they are speculative and subject to change. Nevertheless, Xiaomi Group’s first-quarter performance announcement demonstrates the company’s strong financial standing and its commitment to research and development, particularly in the field of smart electric vehicles. With plans to conduct extensive testing and an impressive research and development team, Xiaomi remains on track to launch its cars as scheduled in the first half of the upcoming year. The progress made in autonomous driving technology further solidifies Xiaomi’s position as a serious contender in the automotive industry. As the anticipation builds, consumers and enthusiasts eagerly await the official unveiling of Xiaomi’s highly anticipated car.
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