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Express News | Xiaomi's second car is expected to be launched in the first quarter of 2025.
Taking the lead independently, with foreign investment closely following; range-extended hybrid technology sweeping the global market.
①On November 20 local time, Stellantis Group announced the launch of the STLA Frame vehicle platform. ② Stellantis Group introduced that vehicles equipped with this platform will first be equipped with innovative powertrains, including pure electric and extended-range, and in the future can also be equipped with internal combustion engines, hybrid power, and hydrogen energy power systems.
Express News | Xiaomi Jingming has established a technology company in Nanning.
Xiaomi Group-W (01810.HK): Profit exceeds expectations, autos gross margin further improves.
Performance in Q3 of 2024: Revenue reached a historical high for the quarter, and profit significantly exceeded Bloomberg's consensus expectations. In the third quarter, Xiaomi's revenue was 92.5 billion yuan, up 30.5% year-on-year, surpassing Bloomberg's consensus expectation by 2.5%; GAAP operating profit recorded.
Express News | The Xiaomi Manufacturing Fund and others have invested in Xilun Power.
Express News | Xiaomi executives responded to online calls for producing sanitary napkins: they should not produce them in the short term.
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