Xiaomi's smart electric vehicle business is developing rapidly

In the first quarter of 2025, Xiaomi Group's total revenue from smart electric vehicles and AI and other innovative business divisions was 18.6 billion yuan, of which smart electric vehicle revenue increased from 18.4 million yuan in the first quarter of 2024 to 18.1 billion yuan in the first quarter of 2025, and other related business revenue was 500 million yuan. In the quarter, Xiaomi Group delivered a total of 75,869 Xiaomi SU7 series vehicles, and the cumulative delivery volume of the Xiaomi SU 7 series has exceeded 258,000 units.