Group 1 - Xiaomi's automotive business is expected to achieve quarterly profitability in Q3 and Q4 of this year as losses continue to narrow [1] - In Q1 2025, Xiaomi's smart electric vehicle and AI innovation segment generated total revenue of 18.6 billion yuan, accounting for 16.71% of the group's total revenue, with smart electric vehicle revenue reaching 18.1 billion yuan, a 10.7% increase quarter-on-quarter [1] - The operating loss for the smart electric vehicle segment has decreased to 500 million yuan, down from a net loss of 700 million yuan in the previous quarter [1] Group 2 - Xiaomi's first SUV model, the YU7, was launched on May 22, 2023, and is positioned as a luxury high-performance SUV, with mass production expected to begin in July [2] - Sales of Xiaomi vehicles in May exceeded 28,000 units, remaining stable compared to April, despite facing a public relations crisis following the SU7 fire incident [2] - Regulatory bodies have intensified scrutiny on issues related to assisted driving and other promotional claims in the automotive industry, following the SU7 incident [2]