Xiaomi raises 2025 electric vehicle delivery target to 400,000
2025-11-20 23:45
Xiaomi’s electric vehicle (EV) division has hit a major milestone, producing its 500,000th car, and concurrently raised its full‑year 2025 delivery target to over 400,000 units, according to company announcements and media reports. This news came after the electronics maker realized that its EV sector had started generating more profits faster than any other sector. During its third-quarter earnings call, Xiaomi announced that it is on track to achieve its previous goal of delivering 350,000 units by the end of this week. On Thursday, November 20, Xiaomi’s founder, chairman, and CEO Lei Jun shared this update on social media and celebrated the production of the company’s 500,000th vehicle. Xiaomi’s EV and AI division records an impressive earnings report Best known for its smartphones and the development of a network of smart devices connected through an IoT platform, Xiaomi has consistently surpassed analysts’ expectations since tapping into the car market. According...
