The Chinese Xiaomi expects to end 2025 with revenue growth greater than 30%supported by the expansion of your car business and consolidating your position in the global smartphone market.
Chinese technology Xiaomi announced on Tuesday that it will start selling its electric vehicles in Europe from 2027, according to the company’s president, Lu Weibing.
The announcement was made to several specialized means of the sector, during the presentation of the results of the second quarter of 2025.
The company said that, during this period, delivered 81,302 cars, which represented a annual increase of 197.7%and that the recipes of your electric vehicle division They tripled to 20,600 million yuans (2,456 million euros).
Xiaomi also pointed out that its New model YU7, launched in June, registered a record demand with 240,000 requests confirmed in its first 18 hours in the market.
The group’s president also explained that although the car business has reduced their losses to 300 million yuans (36 million euros) in the second quarter, The company accumulates large investments and does not expect short -term sustained profits.
Revenue increased more than 30%
In the same quarter, the company reached total revenues of 116 billion yuans (13,831 million euros), an increase of 30.5% compared to 2024, while the Adjusted net profit ascended to 10,800 million yuans (1,288 million euros)75.4% higher than the previous year.
The Chinese Xiaomi expects to end 2025 with revenue growth greater than 30%supported by the expansion of your car business and consolidating your position in the global smartphone market.
