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Xiaomi Raises EV Targets After Record Sales Growth

Financial Express Mumbai

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March 19, 2025

XIAOMI CORP. HIKED its 2025 delivery target for EVs to 350,000 units after posting its fastest revenue growth since 2021, reflecting inroads into the Chinese EV market.

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XIAOMI CORP. HIKED its 2025 delivery target for EVs to 350,000 units after posting its fastest revenue growth since 2021, reflecting inroads into the Chinese EV market. The Beijing-based company, which delivered its first SU7 sedans in April 2024, has made progress in expanding its EV production capacity, billionaire co-founder Lei Jun has said. It later reported a better-than-projected 49% rise in sales to 109.01 billion yuan ($15.1 billion) for the Decembe

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