Xiaomi's Electric Vehicles Become a Growth Engine: Over 135,000 Deliveries in 9 Months, Orders Extending 6-7 Months Out

Tech 2025-02-16 12:34:46 Source: Network

Xiaomi's Electric Vehicles Become a Growth Engine: Over 135,000 Deliveries in 9 Months, Orders Extending 6-7 Months OutLei Jun, founder of Xiaomi Group, recently spoke highly of the market performance of Xiaomi's electric vehicles (EVs) at the Beijing 2025 Haidian District High-Quality Economic and Social Development Conference. He highlighted that Xiaomi EVs have become a significant bright spot for Xiaomi Group in recent years

Lei Jun, founder of Xiaomi Group, recently spoke highly of the market performance of Xiaomi's electric vehicles (EVs) at the Beijing 2025 Haidian District High-Quality Economic and Social Development Conference. He highlighted that Xiaomi EVs have become a significant bright spot for Xiaomi Group in recent years. Since their launch last year, deliveries have exceeded 135,000 units in just nine months, with current orders extending six to seven months into the future, indicating extremely strong market demand. This achievement significantly reflects the competitiveness of Xiaomi's EVs and user recognition of the product.

Xiaomi

Lei Jun emphasized Xiaomi's unwavering commitment to technological innovation and its confidence in China's technological innovation capabilities. He reviewed Xiaomi Group's R&D investment plan from 2021 to 2025, totaling a staggering 105 billion RMB, with an estimated 30 billion RMB allocated for 2025 alone. This massive R&D investment demonstrates Xiaomi Group's determination and strength in core technology development and foreshadows its continued efforts in technological innovation, bringing users more innovative products and services.

Lei Jun specifically pointed out that the success of Xiaomi's EV business has injected strong momentum into the overall growth of Xiaomi Group. This viewpoint is strongly supported by Xiaomi Group's Q3 2024 financial report. The report shows that Xiaomi Group's revenue in Q3 2024 reached 92.51 billion RMB, exceeding the estimated 90.28 billion RMB and representing a year-on-year increase of 30.5%. Simultaneously, Xiaomi Group's net profit in Q3 reached 5.35 billion RMB, also exceeding the estimated 4.73 billion RMB and showing a year-on-year growth of 4.4%.

The significant growth in these two key figures directly reflects the positive contribution of the Xiaomi EV business to the group's overall performance. As one of Xiaomi Group's key business segments in recent years, the success of the EV business has not only brought considerable revenue and profit growth but also enhanced Xiaomi Group's brand image and market competitiveness, providing broader strategic space for the group's future development.

The rapid development of Xiaomi's EVs is inseparable from Xiaomi Group's comprehensive strength in technology research and development, supply chain management, and market marketing. In terms of R&D, Xiaomi Group continues to increase investment, aiming to create EVs with core competitiveness. In supply chain management, Xiaomi Group has established long-term and stable cooperative relationships with numerous excellent suppliers, ensuring the stability and efficiency of product production. In market marketing, Xiaomi Group accurately grasps market demand, effectively enhancing brand awareness and market share.

The combined effect of these factors has ultimately led to the rapid development and market success of Xiaomi's EVs. Looking ahead, Xiaomi Group will continue to adhere to the concept of technological innovation, continuously improving product technology levels and user experience, and further consolidating its leading position in the electric vehicle market. Faced with increasingly fierce market competition, Xiaomi Group will maintain strategic determination, remain confident, and embrace new challenges, contributing to the development of China's new energy vehicle industry.

The success of Xiaomi's EVs is not only Xiaomi Group's own success but also reflects the booming development of China's new energy vehicle industry. With the strong support and policy guidance of the state for the new energy vehicle industry, more and more Chinese companies are making breakthroughs in the electric vehicle field, pushing China to the forefront of new energy vehicle technology and industrialization. The success of Xiaomi's EVs provides valuable experience for other companies and injects stronger momentum into the future development of China's new energy vehicle industry.

In conclusion, the rapid development and market success of Xiaomi's electric vehicles are the result of Xiaomi Group's adherence to technological innovation, meticulous work, and proactive embrace of market changes. In the future, Xiaomi will continue to increase R&D investment, continuously improve product competitiveness, bring consumers more high-quality electric vehicle products, and contribute to the vigorous development of China's new energy vehicle industry. This also confirms Lei Jun's confidence in China's technological innovation strength and Xiaomi Group's continued positive development momentum.

Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])

Mobile advertising space rental

Tag: Months Xiaomi Electric Vehicles Become Growth Engine Over Deliveries