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Recently, several media sources have projected that, following the sequential start - up of production at Phase II and Phase III of the Beijing Plant, as well as the Wuhan Plant, Xiaomi's automotive production capacity is anticipated to exceed one million units and potentially reach 1.2 million units by 2026. This projection draws on Xiaomi's present development situation. For instance, the Beijing Phase I Plant has achieved over 200% capacity utilization by implementing a double - shift system. The Phase II Plant boasts an annual production capacity of 150,000 units. The Phase II Plus (the final assembly workshop of Phase III) is expected to kick off production after the 2026 Spring Festival. Additionally, the Wuhan Phase I Plant is slated to commence production in May of the same year and aims to attain a monthly production capacity of 35,000 units by October.
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