According to Goldman Sachs will Xiaomi $1810 (-1.42%) will double its electric car sales this year and again in 2026.
The company plans to grow from 3 years from 0 to 650,000 vehicles in just 3 years.
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131According to Goldman Sachs will Xiaomi $1810 (-1.42%) will double its electric car sales this year and again in 2026.
The company plans to grow from 3 years from 0 to 650,000 vehicles in just 3 years.
Hi there,
I started investing in March 2024. I've only really been investing since August, so I've only been at it for a good six months.
I have adopted this allocation of my training salary as my strategy for 2025. I try to buy my individual shares in dips and then hold them for the long term. I try to increase my ETF share a little, but I also love buying individual shares :)
Would love to hear your feedback.
Every month about 400âŹ
70/30 portfolio
70% ETF
$IWDA (+0.15%) IShares MSCI World (Acc) (70%)
$XMEM (-0.08%) XTrackers EM USD (Acc) (30%)
30% Individual share purchases
Current savings plan:
$1810 (-1.42%) Xiaomi 30âŹ
$UEC (+0.54%) Uranium Energy Corp. 30âŹ
$AMD (+1.17%) AMD 30âŹ
I also have a portfolio with crypto which is doing quite well but only accounts for 10%.
Sogar der Ford-Chef will nicht mehr aussteigen.
(link leads to Giga.de)
$1810 (-1.42%)
$RACE (-0.83%)
$F (-1.37%)
Some time ago, Xiaomi launched the SU7, a really powerful electric car at an attractive price.
Visually, it looks very similar to the Porsche Taycan.
Now a second electric car from Xiaomi has been spotted - and this one has the shape of the Ferrari Purosangue.
It is clearly an e-SUV that Xiaomi is building. The vehicle is significantly higher than the SU7, has a long hood and offers plenty of space. The exterior shape is very reminiscent of the Ferrari Purosangue, which you can see in the picture below.
For Ferrari, an affordable electric car with this design could become a real problem for China. Of course, there will always be people who will buy a Ferrari because it is also a status symbol. But if there are hundreds of thousands of similar-looking Xiaomi e-cars driving around that cost a tenth of the price, then many will simply go for a Xiaomi e-car.
Xiaomi SU7 is not building a new car but is using the basis of its first model.
It will simply be an SUV model of the SU7.
The power SUV will not have to hide when it comes to performance. Up to 495 kW (674 PS) and 838 Nm of torque with the dual-engine conversion are expected at a price of around 40,000 euros.
Unfortunately, according to current information, Xiaomi's e-cars will not be coming to Germany. They would probably shake up the market here just as they have in China and leave the competition no chance.
I still have my eye on
$1810 (-1.42%) will be bought for the first time in the middle of the month with a savings plan, which is currently a small dip and I am still waiting to make a larger purchase. What is your opinion on the two companies?
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Xiaomi delivered 135,000 e-vehicles in the past year 2024.
Based on 100,000 cars at the beginning of the year, this is a significantly higher number.
In the current year 2025, it is expected to be more than 300,000.
The Chinese smartphone giant, which is expanding its
business beyond its core business, entered the highly competitive market for electric vehicles in March 2024 with its SU7 series, positioning itself as a direct competitor to Tesla.
Tesla and its Chinese rivals are vying to rival the luxury sports cars of the past and demonstrate their technological and innovative capabilities.
Chinese electronics giant Xiaomi has announced a pioneering partnership in the field of electromobility. The company will join the charging networks of its competitors NIO, XPeng and Li Auto. This strategic move will give customers of Xiaomi's automotive division access to a network of over 29,000 charging stations across China.
Xiaomi announced that its electric vehicles can now be used at more than 14,000 charging stations developed by NIO, 9,000 by XPeng and 6,000 by Li Auto. Detailed information on the agreements was not disclosed.
Qu Ke, analyst at CCB International, sees these
these cooperations as a smart move by Xiaomi to make optimal use of existing infrastructures and quickly gain market share.
Xiaomi, previously known primarily for smartphones and household appliances, is a newcomer in the world's largest market for electric vehicles. Despite strong competition, Xiaomi's EV division, which only launched its first model on the market in March, has already achieved considerable sales success.
Xiaomi already reached its 2024 delivery target of 100,000 units in November this year. Due to this unexpectedly positive development, the company raised its annual target to 130,000 vehicles.
Source: investing.com
Xiaomi currently relies primarily on Qualcomm and MediaTek chips when it comes to smartphone processors. However, the manufacturer now wants to follow the example of Samsung and Google and focus more on developing its own chips.
The processor is one of the most expensive components in smartphone production - partly because almost all manufacturers are dependent on Qualcomm and MediaTek. In recent years, more and more reports have emerged that Qualcomm in particular is diligently increasing the purchase prices for Snapdragon chips. It is therefore not surprising that manufacturers such as Samsung and Google are increasingly relying on in-house chip production. Google has been relying on its own Tensor chips for several years, while Samsung equips almost all Galaxy smartphones with Exynos chips.
Xiaomi chip with 3 nm production
Xiaomi now also wants to enter the chip business and become less dependent on Qualcomm and MediaTek. The Chinese state media has now reported that Xiaomi has achieved success in this respect: the manufacturer is said to have developed its own chip, which is produced using the advanced 3-Nm manufacturing process. Mass production is also said to be in the planning stage.
It is not yet clear what the Xiaomi SoC will be called or how powerful it will be. It is also not yet known when the first smartphone with the in-house development will be launched on the market. If mass production starts quickly, we should see the first phones with the chip as early as next year. Personally, I suspect that the Xiaomi SoC will initially be found in the mid-range.
Huawei as a role model?
Xiaomi is not the first Chinese manufacturer to develop its own smartphone chips. Huawei has also tried to produce its own high-end processors with the Kirin processors. Although the company was making good progress, the US sanctions brought development to an abrupt halt. Otherwise, most manufacturers have so far only ventured into smaller chips, for example for battery optimization.
What do you think of $1810 (-1.42%)
is it too late to get a position extension now or is it still worth it?
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