Lei Jun Live Streams In-Depth Breakdown of NEV Cost Efficiency and Real-World Range

On April 17, Lei Jun, founder of Xiaomi, introduced the operating costs and range performance of new energy vehicles during a live stream. He pointed out that amid rising fuel prices, the cost of charging electric vehicles is significantly lower than refueling conventional cars, and with fewer maintenance requirements, users can save several thousand yuan annually. If purchased through installment payments, the monthly payment is comparable to the typical monthly ownership cost of a gasoline-powered car, resulting in relatively low overall vehicle operating expenses. Lei also addressed consumer concerns about driving range, explaining that the official range figures are based on standardized test conditions and will inevitably decrease in real-world usage due to various factors. He emphasized that Xiaomi has chosen to confront negative public sentiment head-on by using live streams to provide detailed product explanations and clarify misunderstandings, describing the level of effort put into this particular broadcast as "extremely intense and absolutely crazy."