Overview

• President Lu Weibing confirmed on an earnings call that Europe will be Xiaomi Auto’s first overseas market with sales starting in 2027.
• Deliveries reached 81,302 vehicles in Q2 2025 and topped 30,000 in July, lifting cumulative deliveries to over 300,000 as the company targets 350,000 for the year.
• The new YU7 SUV drew 240,000 locked-in orders within 18 hours, while SU7 and YU7 wait times have stretched to roughly 41–52 weeks.
• Xiaomi is expanding its Beijing plant to ease bottlenecks and has registered its first test car in Germany as it builds a Munich R&D team that includes BMW veterans Kai Langer and Rudolf Dittrich.
• The auto unit posted an operating loss of about 300 million yuan in Q2, with leadership guiding to profitability in the second half of 2025.