Xiaomi EV Revenue Surges to 6.4 Billion Yuan Xiaomi has reported a significant revenue increase from its electric vehicle (EV) division. In Q2 2024, Xiaomi’s EV revenue reached 6.4 billion yuan (US$897.8 million). This growth underscores the company’s efforts to scale production and meet its ambitious goals for the SU7 sedan. The Beijing-based tech giant...
Xiaomi’s Revenue Growth and Smartphone Sales exceeded expectations with a 27% year-over-year increase in the first quarter of 2024, driven by a 33% jump in smartphone sales, reflecting a global recovery in handset shipments. The company’s total revenue reached 75.5 billion yuan (US$10.5 billion) during the quarter, exceeding the 73.5 billion yuan analysts had anticipated....