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Xiaomi plans to expand Beijing EV factory, report says
Xiaomi began building a second factory on a 53-hectare site in Beijing last year, and the latest expansion will see the plant occupy an adjacent plot of about 52 hectares, according to Bloomberg.
Xiaomi's EV business brings in $2.25 billion in revenue in Q4, up 71.58% from Q3
Xiaomi's innovative business, including EVs, posted a gross margin of 20.4 percent in the fourth quarter, up from 17.1 percent in the third quarter.
Xiaomi EV raises 2025 delivery target to 350,000 units as capacity increases
Xiaomi EV has been ramping up production capacity and has made some progress, Xiaomi CEO said.
Xiaomi EV reaches 200,000th car delivery milestone
Xiaomi EV took 229 days to complete the delivery of its first 100,000 units and only 119 days to deliver its second 100,000 units.
Automakers' share of China NEV market in Feb: BYD tops with 29.2%, Tesla 7th with 3.8%
Xiaomi EV entered CPCA's monthly leaderboard for the first time, coming in at No. 9 in the NEV market with 23,728 sales and a 3.4 percent share.
Xiaomi SU7 buyers now face even longer delivery wait times than a year ago
Xiaomi has already delivered 180,000 SU7s and there are still 140,000-150,000 vehicles waiting to be delivered.
Xiaomi aims to sell EVs in overseas markets by 2027
This is the first time Xiaomi's management has mentioned a timeline regarding the entry of its EV business into overseas markets.
Xiaomi starts deliveries of SU7 Ultra as orders hit 19,000 units
The SU7 Ultra has a starting price of RMB 529,900 ($72,750). In China, 121,000 sedans priced at over RMB 500,000 were sold in 2024.
Xiaomi says SU7 deliveries continue to exceed 20,000 in Feb
This is the fifth consecutive month that the SU7 has seen monthly deliveries exceed 20,000, bringing cumulative deliveries to over 180,000 units.
Xiaomi to start SU7 Ultra deliveries on Mar 2; orders already exceed 15,000 units
On March 3, Xiaomi will give the SU7 Ultra its overseas debut at the MWC 2025 event in Spain.