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Xiaomi President Lu Weibing Expresses Confidence in Meeting Annual Delivery Target of 350,000 Vehicles
4 week ago /
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Author：小编
During an earnings conference call on August 19, Xiaomi Group President Lu Weibing disclosed that the company is poised to achieve its annual delivery target of 350,000 Xiaomi vehicles. Financial reports indicate a remarkable 234% surge in Xiaomi's revenue from smart electric vehicles, AI, and other innovative businesses, totaling 21.3 billion yuan in the second quarter. Notably, operating losses have significantly narrowed to 300 million yuan. Xiaomi Group affirmed that its automotive business is accelerating onto a high-growth trajectory and anticipates achieving single-quarter profitability in the latter half of the year.
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