> [Xiaomi Auto's bicycle loss exceeds 0.06 million, Lei Jun ...

> [Xiaomi Auto's bicycle loss exceeds 0.06 million, Lei Jun responds: Still in the investment period, I want everyone to understand] Financial Services Association, August 22. On August 21, the Xiaomi Group first disclosed the quarterly report card of the automobile business. Xiaomi delivered a total of 27,307 new cars in the second quarter. Innovative businesses such as smart electric vehicles had a net loss of 1.8 billion yuan. According to this estimate, Xiaomi's bicycle loss exceeded 0.06 million yuan. In response, Xiaomi Group Chairman Lei Jun posted a post on Weibo late on the night of the 21st, saying, “Building a car is very difficult, but success must be cool! Xiaomi cars are still in the investment phase, so I hope everyone understands.” (From the Science and Technology Innovation Board Daily App)