Xiaomi continues to sell new cars at zero profit, but is getting closer to the break-even point every quarter. In the second quarter of 2025, the company reported a deficit of 300 million yuan (41 million US dollars). The positive trend at the moment allows the company to achieve its profitability targets by the end of the year, as stated by CEO Lei Jun.
In Q2 2025, sales reached 81,302 new cars, which corresponds to a net loss of 3,700 yuan (507 US dollars) per car. In Q1 of this year, the loss was 6,600 yuan (905 US dollars) per unit, and in Q4 2024 - 10,043 yuan (1376 US dollars), which shows a steady trend and suggests that profits from car sales will be received in Q4 of this year.
The Chinese manufacturer managed to increase production volumes, but high demand still creates supply problems. For example, on the day the Xiaomi YU7 crossover went on sale, all cars in stock were sold and the waiting time currently reaches 53 weeks.
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