US EditionXiaomi posts record revenue in second quarter on strong electric vehicle sales
14 Articles
14 Articles
Driven by the success of its first two models, Xiaomi is about to pass a major course, that of profitability. Its quarterly results show that the losses were again seriously reduced in the second quarter 2025. The article With its electric cars, Xiaomi is about to realize a feat that will upset the other manufacturers appeared first on Automobile Clean.
Xiaomi Surges 134% in Q2 Profit as EV Sector Accelerates
On August 20, a leading Chinese consumer electronics and electric vehicle manufacturer announced a remarkable 134% rise in net profit for the second quarter, primarily driven by the impressive performance of its electric vehicle and smart home appliance divisions. The company’s net income reached CNY11.9 billion (approximately USD1.7 billion) in the three months ending June 30, compared to CNY5.1 billion (around USD709.8 million) a year earlier,…
Mario Romero.- The Chinese manufacturer of Xiaomi phones has reported revenues of $16,160 million in its last financial statement, becoming the third largest device seller in the world. In addition, Xiaomi became the best-selling smartphone brand in Southeast Asia in the second quarter and gained the [...] The post Xiaomi manages to dispatch more than 42 million phones in the quarter but its electric car business continues to lose money first ap…
More than just phones: Xiaomi EV brings nearly $3 billion in Q2
Xiaomi is proving it has serious ambitions in the car space. The tech giant's new electric vehicle division reported impressive financial results for the second quarter, showing that its entry into the crowded EV market is more than just an experiment. In the second quarter, Xiaomi's EV business brought in $2.87 billion (RMB 20.6 billion). This is nearly a 14% jump from the first quarter and a 232% increase compared to the same period last year.…
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