Ju Chao Zi Xun·2025-08-20 07:19Core Insights - The company is confident in achieving its annual delivery target of 350,000 Xiaomi cars [2] - In Q2, revenue from Xiaomi's smart electric vehicles and AI innovation businesses surged by 234% to 21.3 billion yuan, with operating losses significantly narrowing to 300 million yuan [2] - The company anticipates achieving quarterly profitability in its automotive business in the second half of the year [2] Delivery and Sales Performance - In Q2, Xiaomi's car delivery reached a record high of 81,300 units, a 197.7% increase from 27,300 units in the same period last year [2] - The first SUV, Xiaomi YU7 series, was launched in June, selling over 240,000 units within 18 hours of its release [2] Market Expansion Plans - Xiaomi has officially decided to enter the European electric vehicle market by 2027 [2]