Xiaomi Delivers Over 30,000 EVs in August Amidst Growing IoT and Lifestyle Business.

Xiaomi has delivered over 30,000 electric vehicles (EVs) in August. The company, which is primarily engaged in smartphone sales, IoT and lifestyle products, and internet services, has been expanding its EV business in recent years. With a growing domestic market and overseas presence, Xiaomi aims to increase its EV sales and become a major player in the global electric vehicle industry.

Xiaomi, a major player in the smartphone, IoT, and lifestyle product markets, has made significant strides in expanding its electric vehicle (EV) business. The company delivered over 30,000 electric vehicles in August, marking a substantial increase in its EV sales and underscoring its growing presence in the global electric vehicle industry [1].

The August deliveries, which reached a record 34,000 units, represent a month-on-month increase of about 12 percent and a year-on-year surge of 159 percent. This growth is attributed to improved supply and the launch of the Xiaomi EV YU7 SUV, which has positioned itself as a competitor to the Tesla Model Y [1].

Xiaomi's second EV factory is expected to commence production in September, which will significantly boost monthly sales in the fourth quarter to over 50,000 units. This expansion is part of Xiaomi's broader strategy to increase its EV sales and become a major player in the global electric vehicle market [1].

The company's domestic retail sales in the first three weeks of August totaled 22,200 units, with new order flow for the month projected at around 38,000 units. This includes about 26,000 YU7 SUVs and 12,000 SU7 sedans [1].

Xiaomi's EV business is part of its broader strategy to diversify its revenue streams and enter new markets. With a growing domestic market and overseas presence, Xiaomi aims to capitalize on the increasing demand for electric vehicles and position itself as a significant player in the industry.

References:
[1] https://cnevpost.com/2025/08/27/china-aug-2025-ev-sales-preview/