Xiaomi Automobile is a trademark applied for registration by Xiaomi Technology Co., Ltd., marking the beginning of Xiaomi Group's foray into the intelligent electric vehicle field. Xiaomi Auto was established on September 1, 2021, with Lei Jun as its legal representative and a registered capital of 10 billion RMB. On March 30, 2021, Lei announced that Xiaomi Group would establish a wholly-owned subsidiary to be responsible for the intelligent electric vehicle business. On 1 September of the same year, Xiaomi Automobile Co., Ltd. was registered. On November 27, 2021, the Management Committee of Beijing Economic-Technological Development Area(BEDA) and Xiaomi formally signed a cooperation agreement, officially announcing that Xiaomi Auto would settle in the Beijing Economic-Technological Development Area (BEDA). Its production address is No. 21 Huanjing Road, which is Xiaomi's own factory.