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electric vehicle profits
Latest news regarding electric vehicle profits.
Xiaomi SU7: Why its electric vehicle segment became profitable after only 19 months.
While most electric vehicle manufacturers are still operating at a loss due to battery costs and lack of scale, Xiaomi achieved quarterly profits from its automotive segment after only 19 months, thanks to its technology brand advantage and user ecosystem.
Car
Xiaomi SU7/YU7: Early profits thanks to integrated ecosystem
Xiaomi earned 700 million yuan in profit in the third quarter from electric vehicles and AI, just 19 months after the SU7. An integrated ecosystem, software, and supply chain helped accelerate growth; profit margins are expected to decline in 2026.
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