According to CCTV News, in an interview, Lei Jun, a representative of the National People’s Congress, talked about the involution phenomenon caused by the intensification of homogeneous competition in the industry. Lei Jun called on industrial development to emphasize technological innovation, individualization and high-end development, and to use differentiated innovation to break through involution;At the same time, we must also oppose unfair competition, slandering peers and other behaviors, and maintain good market order.

It is understood that as early as last year's World Automotive Intelligent Network Conference, Lei Jun pointed out that what we are facing today is a century-old major change in the entire automobile industry, and the entire industrial structure will be restructured on a large scale in the next five years.

In this process,Our entire industry must unite with each other and compete healthily, because the entire automotive industry market is very large, and we must work together to develop the global automotive industry.

In addition, Lei Jun also talked about the importance of technological innovation today.

Lei Jun said: In the past 15 years of entrepreneurship, I have deeply realized that whether it is transforming and upgrading traditional industries or cultivating and strengthening emerging industries, technological innovation is inseparable.

Four years ago, Xiaomi decided to enter the new energy vehicle track. In March 2024, Xiaomi Auto was officially released and was highly recognized by consumers. As a newcomer in the automobile industry, it delivered 135,000 vehicles in just 9 months, creating an industry miracle.

At the same time, it dared to compete with the strongest opponents. In October 2024, the Xiaomi SU7 Ultra prototype ran a lap time of 6 minutes, 46 seconds and 874 seconds at the New Nordschleife circuit in Germany, becoming the world's fastest four-door car in the history of the New Nordschleife.

Behind these achievements are technological innovation.For example, Xiaomi Super Motor V8S is currently the mass-produced main drive motor with the highest speed and strongest performance in the world. It is designed and produced by Xiaomi itself.

Five years ago, Xiaomi made up its mind to increase technological innovation and further invest in underlying core technologies, planning to invest 100 billion yuan in research and development expenses in five years. Five years later, Xiaomi has invested approximately 105 billion yuan in R&D.