Xiaomi’s EV launch drives 49% revenue growth, raises 2025 production target

Xiaomi’s fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery goals, driving Xiaomi to raise its 2025 EV production target to 350,000 units, highlighting a major push into the automotive market.

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