Smart Electric Vehicles

Xiaomi Posts €5.1bn Profit Citing ‘Rapid Expansion’ Across Phones, EV and IoT

Xiaomi reported record results for 2025, with revenue rising 25% to approximately EUR59.3 billion and adjusted net profit increasing 43.8% to EUR5.1 billion. The company experienced significant growth in its smart electric vehicle division, which surged 223.8%, and aims to deliver 550,000 vehicles in 2026. Smartphone sales remained steady, and IoT and lifestyle products also reached new highs.