AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
Xiaomi Delivers Over 30,000 EVs in August Amidst Growing IoT and Lifestyle Business.
ByAinvest
Sunday, Aug 31, 2025 10:09 pm ET1min read
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/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet