Tag: EV Profitability

Xiaomi’s Electric Car Arm Proves Profitable in Just Over a Year
EV & Electric Cars, Industry & Business, News

Xiaomi’s Electric Car Arm Proves Profitable in Just Over a Year

Xiaomi, a tech giant increasingly making waves in the automotive industry, has reported its first quarterly operating profit from its electric vehicle (EV) business. This milestone comes approximately nineteen months after the company unveiled its first electric sedan, the SU7. The profitability of Xiaomi’s EV division is a significant step forward for the brand, which continues to grow at an impressive pace within a highly competitive market. In Q3 2025, the business unit generated an operating profit (EBIT) of 700 million yuan ($85 million), showcasing strong growth from its revenue stream that amounted to 29 billion yuan. Breaking down these figures further reveals that electric vehicles alone accounted for a substantial portion of this income. In Q3, Xiaomi’s EVs contributed approximat...