Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Lu Weibing: Xiaomi Auto Expected to Start Going Overseas in 2027, to Try to Improve Profitability of Auto Biz
Recommend 14 Positive 33 Negative 13 |
||||
|
||||
|
In the earnings conference call, Lu Weibing, President of XIAOMI-W (01810.HK), said that Xiaomi SU7 Ultra's user base is predominantly 30 to 35 years old, with over 80% of traditional luxury car replacement users, according to Chinese media. Xiaomi Auto is working with its supplier partners to find ways to increase production capacity as soon as possible under the premise of guaranteeing quality and safety. YU7 will be released on schedule as promised, and Xiaomi Auto is preparing to go overseas, which is expected to be started in 2027, Lu added. XIAOMI-W currently does not have a very clear internal profitability timetable requirement for the auto business, but it will work to improve the profitability of the business. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
