Rate Of ReturnMar 25 at 03:46 AM
I choose to discuss "Will auto be the next engine growth".
Smart EV and AI innovation business segment achieved a revenue of RMB 106.1 billion, marking a significant growth over 200% year-on-year. Xiaomi Auto delivered a significant number of vehicles, surpassing the initial targets, and introduced a new generation model with advanced features. Moving forward, Xiaomi plans to increase Capex towards Auto while maintaining their expectation that demand for Auto will continue to increase. Eventually, I believe Xiaomi will be one of the leading EVs in the world and the Auto segment will rake in more profits for them.
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