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Xiaomi's car business: shipments, revenue and average price up, but still a loss of €186m for the quarter

Xiaomi reported a record revenue of €1.17 billion from its electric vehicle business for the third quarter of 2024, reflecting a 52.1% increase from the second quarter. The primary catalyst for this growth was the successful launch and delivery of th...

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They are selling like hotcakes: Xiaomi has already handed over 100 thousand SU7 electric cars to customers and once again increased the plan for 2024

Xiaomi has reached a new production milestone by rolling out 100,000 SU7 cars at its Beijing factory ahead of schedule. The company also noted that all these vehicles have already been delivered to customers. This marks yet another milestone in 2024...

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Xiaomi warns of delays in deliveries of its SU7 electric car amid strong demand - nearly 89k orders in first 24 hours

Recently, Xiaomi started selling its first electric car, the SU7, for just over $30,000. The Chinese company planned to begin delivering the electric vehicle by the end of April. However, interested buyers will have to wait significantly longer - up ...

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Xiaomi SU7 electric car goes on sale at a price of $30.4 thousand - almost $4 thousand cheaper than the Tesla Model 3

Xiaomi has started selling its first electric vehicle SU7 and stated that it will be selling it much cheaper than Tesla's Model 3. The actual price of the novelty turned out to be even slightly lower than expected. Xiaomi CEO Lei Jun said that the s...

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