Xiaomi Corp - Unsponsored ADR (XIACY)
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China's Xiaomi announces new SUV launch
China's Xiaomi said on Monday that it expects to launch a new SUV, the YU7, in June or July next year.
Xiaomi: A Unified Tech Leader Bridging Smartphone, EVs, And Home Electronics
The global smartphone market recovery continues. Strong 4Q24 China shipments will be supported by government purchase subsidies. Xiaomi 15 will boost market share. SU7 delivery will exceed 120k in 24E, with a projection to hit 240k in 25E. Ultra (luxury sport sedan) is expected to launch in 2Q25E. The news suggests Xiaomi and Goertek are developing AI glasses, targeting Ray-Ban Meta Smart Glasses as a competitor, with a potential launch in 2Q25E.
Xiaomi Corporation (XIACF) Q3 2024 Earnings Call Transcript
Xiaomi Corporation (OTCPK:XIACF) Q3 2024 Earnings Conference Call November 18, 2024 7:30 AM ET Company Participants Anita Chan - Head of IR and Corporate Finance Lu Weibing - Vice President Alain Lam - CFO Conference Call Participants Timothy Zhao - Goldman Sachs Andy Meng - Morgan Stanley Leping Huang - Huatai Hanjing Wen - CICC Zoe Xu - UBS Yayuan Huang - Citi Operator 2024 Third Quarter Results Announcement. Investor Conference Call and Audio Webcast.
Xiaomi outdoes expectations as electric vehicles sales take off
Xiaomi Corp has unveiled better-than-expected results for the third quarter, thanks in part to soaring electric vehicles sales following its entry to the market earlier this year. Some 39,790 Xiaomi SU7 Series vehicles were delivered over the quarter, taking the year-to-date total to 67,157 and leaving the company targeting 130,000 sales for 2024.
Xiaomi posts jump in third-quarter revenue, beats estimates
Chinese electronics maker Xiaomi Corp posted a 30.5% jump in third-quarter revenue, boosted by the launch of its first electric vehicle, the SU7 sedan, in March.
Xiaomi CEO: SU7 deliveries surpass 100,000, aiming for 130,000 by year end
Xiaomi CEO Lei Jun said on Monday that deliveries of its flagship electric vehicle series SU7 has surpassed 100,000 units.
Why Is Everyone Talking About Xiaomi Stock?
Forget smartphones, this company is appearing on investors' radars thanks to its EV offerings.
China's Xiaomi delivers 20,000 EVs in October, just months after launching its first car
China's Xiaomi said Tuesday that it had delivered more than 20,000 SU7 EVs in October as it ramps up production for its electric car venture in a fiercely competitive market. Xiaomi on Tuesday also announced it was taking preorders for the high-end sports version, SU7 Ultra, starting at 814,900 yuan ($114,304), ahead of the product release in March 2025.
Xiaomi chief touts Nurburgring record ahead of EV launch
A prototype Chinese electric vehicle has set a record lap time at Germany's grueling Nurburgring track, its maker Xiaomi said on Tuesday just hours before a company event expected to reveal the production model of the car.
Xiaomi's automobile plant expansion to be completed in mid-2025, report says
Chinese smartphone maker Xiaomi Corp is expected to complete the construction of an expansion of its electric vehicle factory in mid-2025, according to government-backed Chinese media on Wednesday
