Xiaomi Group released its fourth quarter and full-year financial report for 2023, with an investment of 6.7 billion yuan in smart electric vehicle business

Xiaomi Group recently released its fourth quarter and full-year financial report for 2023, which showed that it invested 6.7 billion yuan in entrepreneurial businesses such as smart electric vehicles in 2023. Since publicly announcing its investment in the automotive business in 2022, Xiaomi's public investment in car manufacturing has reached 9.8 billion yuan.