Xiaomi Auto, with a focus on electrification, connectivity, intelligence, and sharing, aims to become one of the top five global automakers by 2035. As of August 2024, it has delivered 7,058 and 8,630 units in April and May, respectively, and plans to fulfill 110,000 orders in November. Xiaomi Auto’s first car, SU7, was a success, leveraging the strengths of Xiaomi Group, including a substantial R&D investment of RMB10 billion, a dedicated team of over 3,400 engineers, and a focus on intelligent driving technology. However, there are also weaknesses, such as the asset-light business model, which may challenge its automobile manufacturing process, and insufficient expertise in key automotive technologies like battery management and autonomous driving. Despite this, Xiaomi Auto has strengths in brand awareness, marketing, and a people-car-home ecosystem, which facilitate convenience for users through integration of information and intelligent applications. It also has an advantageous supply chain and manufacturing capabilities, ensuring timely delivery and stable production supply.