According to Lei Jun, founder, chairman and CEO of Xiaomi Group, Xiaomi Automobile adheres to the "ten times investment" strategy, the general car companies to build a car, about three or four hundred people, 1 billion to 2 billion yuan of research and development funds, and Xiaomi's first car invested 3,400 engineers, the entire research and development investment of more than 10 billion。Before Xiaomi entered the automotive industry, Lei Jun said, "The chairman of a car company told me that a smart electric car is actually a large mobile phone with four wheels.。Of course, it's not accurate, but it shows that the two industries are highly integrated.。"