Xiaomi’s automotive unit makes a profit for first time

1 week ago 8

GlobalData

Tue, November 18, 2025 astatine 6:16 AM CST 1 min read

China’s Xiaomi has reported that its electrical conveyance concern has made a nett for the archetypal time.

The company’s EV part posted a nett of 700 cardinal yuan (US$100m) successful the September quarter, versus a nonaccomplishment of 300 cardinal yuan successful the erstwhile quarter.

Best known for its smartphones, Xiaomi sold its archetypal electrical car successful China – the SU7 – successful 2024, and launched its YU7 electrical SUV earlier this year.

Earlier this it besides raised $5.5bn to money its EV enlargement plans.

The institution is targeting European marketplace introduction successful 2027.

In September, Xiaomi opened the Xiaomi EV Europe Research and Development (R&D) and Design Center successful Munich, Germany — its archetypal specified installation beyond its home market.

"Xiaomi’s automotive portion makes a nett for archetypal time" was primitively created and published by Just Auto, a GlobalData owned brand.

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