"Xiaomi Auto has no plans to build a factory in Shanghai at present, and the screenshot information circulating on the Internet is misunderstood." An insider of Xiaomi Auto told the first financial reporter.

  In early May, a recruitment announcement for Xiaomi's auto suppliers was exposed online.

The document shows that the project is a vehicle welding and assembly line project of Xiaomi Auto Technology Co., Ltd., and the project location is Shanghai.

According to this recruitment announcement, some analysts believe that in addition to the Beijing factory that has already started construction, Xiaomi will build a second factory in Shanghai.

  However, the above-mentioned insiders told reporters that Xiaomi's new factory in Shanghai was an "Oolong" incident, and Xiaomi Auto just entrusted a Shanghai bidding company to bid for related projects.

  According to recent reports, Xiaomi Auto's factory in the Beijing Economic and Technological Development Zone has officially started construction, and the land is being leveled.

  On November 27, 2021, the Management Committee of the Beijing Economic and Technological Development Zone announced that it had formally signed a cooperation agreement with Xiaomi, announcing that Xiaomi Auto will be located in the Beijing Economic and Technological Development Zone.

The Xiaomi Auto Project will build the Xiaomi Auto Headquarters Base, Sales Headquarters, and R&D Headquarters. It will build a complete vehicle factory with an annual output of 300,000 vehicles in two phases, of which the first phase and the second phase will have a production capacity of 150,000 vehicles respectively. Offline and mass production.

In addition to the construction of factories, Xiaomi Auto has been actively recruiting talents in the automotive field in the past year, and is actively investing in upstream and downstream companies in the industry chain.

  Judging from the released recruitment information, Xiaomi's research and development will mainly be located in Beijing and Shanghai.

Earlier, the appointment letter of a senior engineer of Xiaomi Auto was exposed on the Internet.

According to the appointment letter, the senior engineer's monthly salary is 40,000 yuan, which is paid according to the standard of 12 months per year; the annual target annual bonus is a basic monthly salary of 3 months, which is equivalent to a total annual salary of 600,000 yuan.

In addition, the engineer also received a Xiaomi car option worth 1 million yuan.

  A person inside Xiaomi Auto told Yicai.com that the appointment letter circulated on the Internet was incomplete, so it was impossible to determine its authenticity.

But as far as he knows, Xiaomi Auto offers senior engineers an annual salary of 600,000 yuan and an option of 1 million yuan. Yuan.

  On the Xiaomi Production Investment Demo Day in mid-October last year, among the 102 companies that Xiaomi invested in through the Xiaomi Industry Investment Fund, more than 40 companies were related to automobiles.

In the field of power batteries alone, Xiaomi has invested in 5 companies, including AVIC Lithium, Honeycomb Energy, Zhuhai Guanyu, Ganfeng Lithium and Weilan New Energy.

In addition, Xiaomi also acquired DeepMotion to deploy autonomous driving.

  According to the picture information at an earlier Xiaomi conference, Xiaomi's first product may be a sedan, not an SUV.

  Xiaomi Group said that since the announcement of the car manufacturing plan in March 2021, Xiaomi's smart electric vehicle business has progressed beyond expectations.

As of March this year, the automotive business R&D team has exceeded 1,000 people. In the future, it will continue to expand R&D in core areas such as autonomous driving and smart cockpits. It is expected to be officially mass-produced in the first half of 2024.