<p>Xiaomi (1810) officially launched its new generation electric vehicle &#34;Xiaomi SU7.&#34; Chairman and CEO Lei Jun stated at the press conference that the company plans to invest at least 60 billion yuan (RMB, the same below) in areas such as large models, embodied intelligence, and AI applications over the next three years. This year, R&amp;D and capital investment in the AI field will exceed 16 billion yuan.</p>
<h2>New Generation SU7 Starting at 219,900 Yuan</h2>
<p>Xiaomi indicated that the new generation SU7 has officially been launched, with the new SU7 standard version priced from 219,900 yuan, the new SU7 Pro priced from 249,900 yuan, and the new SU7 Max priced from 303,900 yuan. Lei Jun emphasized that safety is paramount, and Xiaomi cars will continue to invest, &#34;committed to creating the safest cars in the same class,&#34; hoping to become the true &#34;car for the new generation of drivers.&#34;</p>
<h2>Three Self-Developed Large Models MiMo-V2-Pro Ranked 8th Globally</h2>
<p>At the press conference, Lei Jun also announced that Xiaomi officially released three self-developed large models, including the flagship base model for the Agent era, Xiaomi MiMo-V2-Pro, the all-modal large model Xiaomi MiMo-V2-Omni, and the voice large model Xiaomi MiMo-V2-TTS.</p>
<h2>Lei Jun: Xiaomi's AI Field is Relatively Low-Key</h2>
<p>Lei Jun stated that Xiaomi has been relatively low-key in the AI field, and the actual progress may be much faster than what everyone sees. Xiaomi noted that Xiaomi MiMo-V2-Pro ranks eighth globally on the authoritative large model comprehensive intelligence ranking by Artificial Analysis, and fifth by brand, surpassing xAI's Grok.</p>
<p>Xiaomi indicated that it will continue to deeply cultivate hard technology tracks such as AI, robotics, and chips, fully embrace AGI, and promote AI from the virtual space to the physical world.</p>
<p>Additionally, Xiaomi's two new products for the home-vehicle ecosystem are now on sale. The new Xiaomi Book Pro 14 is priced from 8,499 yuan, with a first-sale discount of 500 yuan; the all-around sports long-lasting smartwatch Xiaomi Watch S5 is priced from 1,199 yuan, with a first-sale discount of 100 yuan; both products support national subsidies</p>

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<p>Xiaomi (1810) launched the new generation electric vehicle "Xiaomi SU7." Chairman Lei Jun stated that in the next three years, the company will invest at least 60 billion yuan in large models, embodied intelligence, and AI fields. The starting price for the new SU7 standard version is 219,900 yuan, the Pro version is 249,900 yuan, and the Max version is 303,900 yuan. Xiaomi also released three self-developed large models, with MiMo-V2-Pro ranking eighth globally. Lei Jun emphasized that Xiaomi will continue to invest and is committed to creating safe vehicles and promoting the development of AI technology</p>

- Xiaomi officially launched the new electric vehicle "Xiaomi SU7," with the CEO Lei Jun announcing an expected investment of at least 60 billion RMB in AI and related fields over the next three years.  
- The SU7 starts at 219,900 RMB, with the Pro version at 249,900 RMB and Max at 303,900 RMB, emphasizing safety in vehicle design.  
- Additionally, Xiaomi introduced three self-developed AI models, including the Xiaomi MiMo-V2-Pro, which ranks eighth globally in AI performance, while also launching two new products, the Xiaomi Book Pro 14 and Xiaomi Watch S5.

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First Trust S-Network Future Vehicles & Tech ETF

Max Auto Industry 3X Leveraged ETN

Xiaomi Corporation

SmartETFs Smart Transportation & Tech ETF

Guotai CSI 800 Automobile and Parts ETF

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Hua Xia CSI New Energy Vehicles ETF

XIAOMI-W

Hwabao WP CSI Intelligent Electric Vehicle ETF

Xiaomi releases the new generation SU7 Lei Jun: In the next three years, at least 60 billion will be invested in large models, embodied intelligence, and AI