Xiaomi hikes 2025 EV sales target 17%

A Xiaomi XU7 electric vehicle. The consumer electronics giant, which started selling cars just last year, has hiked its target for 2025 EV sales to 350,000 from 300.000. (Qilai Shen/BLOOMBERG)

March 18, 2025 11:49 AM

BEIJING ― China’s Xiaomi reported a near 50 percent jump in fourth-quarter revenue, beating analyst estimates, and raised its 2025 target for electric vehicle deliveries to 350,000.

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