US EditionXiaomi Says Electric Vehicle Unit to Hit 350,000 Delivery Target Ahead of Schedule · TechNode
Xiaomi's EV and AI revenue tripled to $4 billion, with record EV sales of 108,796 units driving a 129.5% profit increase in Q3, the company reported.
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Xiaomi says electric vehicle unit to hit 350,000 delivery target ahead of schedule · TechNode
During an earnings call on Tuesday, Xiaomi said the company’s EV unit is on track to hit its full-year delivery target of 350,000 vehicles ahead of schedule this week, after raising the goal from 300,000 earlier this year. Xiaomi delivered more than 100,000 EVs in the third quarter, taking cumulative deliveries for the first nine months to over 260,000. The company said production efficiency continued to improve, noting that it took 230 days to …
Making money from EVs is notoriously hard. Xiaomi just joined a tiny list of carmakers doing it.
Xiaomi launched the YU7, its second EV, earlier this year.CFOTO/Future Publishing via Getty ImagesXiaomi's EV business just posted its first profit, under two years after launching its first car.The Chinese smartphone giant has joined a very exclusive club.Making money selling EVs is hard. Only a handful of firms, like Tesla and BYD, have managed it.One of Tesla's most fearsome Chinese rivals has just cracked the code to profiting from EVs.Smart…
Xiaomi Says Electric Cars And AI Now Profitable
Chinese consumer tech giant Xiaomi said Tuesday its business segment dedicated to innovations including smart electric vehicles and artificial intelligence had turned a quarterly profit for the first time. The Barron’s news department was not involved in the creation of the content above. This article was produced by AFP. For more information go to AFP.com.© [...]
Xiaomi's car business, which started selling in 2024, made profits for the first time in the first quarter of 2025.
The Chinese company Xiaomi has earned profits from its electric vehicle (EV) and artificial intelligence businesses in the third quarter, marking the first time that the units have become black, with general profits increasing by almost 81 percent compared to the previous year. The net profit of the manufacturer [...] The post Xiaomi reports first profits in its car business but its telephone area stagnates first appeared on TransMedia.
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