President Lu Weibing shed more light on the company’s expansion plans after reporting a 31% rise in quarterly revenue, riding the successful launch of its second EV over the summer. Xiaomi has previously described ambitions to go global,

Chinese Tech Multinational has reported a 30.5% jump in revenue in Q2 2025, with the help of strong demand for its YU7 EV, as per a Reuters report., Electric Vehicles,

There will be an extra member in its flagship family. Up until now Xiaomi's flagship line comprised three devices - the vanilla, the Pro, and the

Xiaomi (pronounced shau-mi) is expected to launch electric vehicle sales in Europe by 2027 following the launch its its YU7 luxury SUV. The Beijing-based business is better known as the third largest smartphone maker in the world and it sold 61 million handsets last year.

A bigger piece of news after the close was that the Ministry of Industry and Information Technology (MIIT) held a symposium on competition in the solar industry, highlighting efforts to standardize competition and promote the orderly exit of outdated production capacity.

Record-high revenue from Xiaomi’s Internet-of-Things business and robust EV sales offset slightly lower smartphone revenue.

The Redmi Note 15 Pro series launches August 21 with an IP69K rating, Snapdragon 7s Gen 4, 50MP cameras, and a 7,000mAh battery.

Xiaomi Corporation on Tuesday posted much stronger-than-expected profit for the second quarter as margin of its emerging electric vehicle (EV) business offset weakening smartphone unit. Credit：Xiaomi Auto Xiaomi shattered quarterly records of both the top and bottom line.