Overview

• Xiaomi received over 289,000 orders for its second EV model within an hour of its June launch, outpacing the SU7 sedan debut.
• The company posted record first-quarter 2025 revenue driven by car and smartphone sales and expects its EV division to break even in the second half of 2025.
• A 10 billion yuan investment funded an in-house factory and integration with Xiaomi’s consumer-tech ecosystem to insulate production from supply disruptions.
• Regulators tightened promotion and deployment of advanced driver assistance systems after a fatal SU7 crash in March.
• As part of its global strategy, Xiaomi is eyeing an R&D centre in Munich to support its planned overseas roll-out from 2027.