Xiaomi's Q2 2026 financial report shows auto revenue of 23.9 billion yuan with 104,199 deliveries, but segment operating losses expanded to 2.6 billion yuan and gross margin fell to 19.2%.
52620 days ago
Luxeed, the EV brand jointly developed by Huawei and Chery, opened pre-orders on August 20 for its new RX coupe SUV. Starting at 299,800 yuan ($44,210), the model features a rare four-LiDAR sensor array, delivers up to 852 km CLTC range, and is styled by former Ferrari designer Werner Gruber, directly targeting the Xiaomi YU7 segment.
27423 days ago
Xiaomi Group reported Q2 2026 earnings with smart EV and AI innovation business revenue of $3.5B, including $3.3B from EV sales. Quarterly deliveries reached 104,199 units, up 28.2% YoY. However, auto business gross margin fell to 19.2% with operating losses of $360M, and the annual 550K delivery target is only ~33% complete.
45923 days ago
On August 13, Xiaomi Group Partner and President Lu Weibing announced that the Xiaomi HyperOS 4 Beta would be released directly to users for public testing without a traditional press conference. This decision marks a new approach in Xiaomi's software iteration strategy—using real user feedback instead of stage presentations to drive continuous optimization of the system experience.
34029 days ago
In August 2026, Xiaomi Auto's ecosystem continues expanding: former ByteDance robotics lead joined Xiaomi Auto, the YU7 segment draws industry attention with four new models entering in August-September. Meanwhile, Xiaomi SU7 pushes OTA 1.17.
31634 days ago
On August 10, 2026, LUXEED unveiled the new "Morpho Blue" color for the RX, with pre-orders opening in August. As the first X-named SUV in Harmony Intelligent Mobility Alliance, the RX is a mid-large pure electric coupe SUV with dimensions of 5020×2007×1585mm, 3000mm wheelbase, Huawei ADS 5.0, four LiDARs, and 800V platform.
43634 days ago
Avatr Technology has announced that its large 5-seat SUV, the Avatr 07L, will officially launch on August 8, 2026, in Hangzhou. The model starts at 249,900 yuan in pre-sales, featuring Huawei's Qiankun ADS 5 intelligent driving system and an 896-channel LiDAR sensor, with a CLTC range of up to 725 km, targeting the 250,000 to 300,000 yuan family electric SUV market.
45439 days ago
China Auto Data Research released H1 2026 pure electric vehicle sales TOP40 data. Star Wish leads with 194,200 units, Tesla Model Y follows with 172,500 units, and Li i6 ranks third with 120,400 units. The pure EV market shows a solidified "two-hot-ends" pattern.
62645 days ago
The 2026 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show opened in Shenzhen, becoming the largest technology and product showcase platform in China's auto market for the first half of the year. Xiaomi YU7 made its South China debut, NIO unveiled the World Model NWM global premiere, Zeekr 9X had its South China first appearance, and Huawei Zhiqing new brand officially launched. Five core highlights were released, reflecting a clear signal that Chinese NEV makers are shifting from "price wars" to "technology wars."
56796 days ago
Filing information for the new Xiaomi YU7 has been officially announced, featuring a 73.0kWh LFP battery and an estimated range exceeding 700km. As Xiaomi's second production model, it is expected to launch in June with a starting price potentially under 250,000 yuan.
405126 days ago
EX1000
