Fast Technology reported on July 19 that in the ongoing “2024 Lei Jun Annual Speech”, Xiaomi Lei Jun came forward to share content related to car building and responded to some hot issues.
Lei Jun said: “More than three years ago, many friends advised me that you were too late.
Just get out of the car and find a contract manufacturer.
Don’t do everything yourself.
At first, we also thought about looking for OEM and acquisition, but before long, we made up our mind to start with core technology and never think about taking shortcuts.
“, So why does Xiaomi not contract or acquire it? Lei Jun also responded: “Because we suffered a huge loss 14 years ago.
“, Lei Jun said that when Xiaomi started its business, it started with model innovation.
The initial speed was very fast, but the foundation was not solid.
Later, it encountered many setbacks.
To this day, he still feels that we are still making up lessons.
So when I started my own business again, I decided not to take shortcuts, not to acquire or OEM, but to start with core technology and invest ten times more to build a good car seriously.
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