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Xiaomi Group: Q1 New Car Deliveries Hit 80,856 Units, Up 6.6% Year-on-Year
9 hour ago /
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Author：小编
In the first quarter of 2026, Xiaomi Group's revenue from its innovative sectors, notably smart electric vehicles and AI, soared to RMB 19.9 billion, marking a 6.9% year-on-year increase. Of this, smart electric vehicles contributed a substantial RMB 19 billion. However, influenced by vehicle purchase tax incentives and rising costs of key components, the gross profit margin for this segment stood at 20.1%, accompanied by an operating loss of RMB 3.1 billion. Notably, during this same period, the company delivered 80,856 new cars, reflecting a 6.6% year-on-year growth.
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