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.

$1810 (+4,31%)

$1810 (+4,31%) What's going on?

A huge company with a very broad base. I've been watching it for years, and I'm sure that Xiaomi will go a long way, especially when Trump is on board.

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.

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Source: investing.com

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$QCOM (+0,36%)

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.

https://www.allround-pc.com/news/2024/xiaomi-soll-meilenstein-erreicht-haben-eigener-smartphone-chip-soll-qualcomm-einheizen

What do you think of $1810 (+4,31%)

is it too late to get a position extension now or is it still worth it?

What do you think is it still worth getting started with $1810 (+4,31%) Xiaomi ?

Of Topic - Smartphone decision aid

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I don't know of any other place where there are as many people with an affinity for software and technology as in this forum. I would therefore like to ask you for advice on my first major purchase in 2024, namely a new Android smartphone. Indirectly, the whole thing even has to do with finances, because on the one hand the purchase will reduce my savings rate for December and on the other hand a smart purchase can represent an "investment" 🧐

In order to be able to make a specific recommendation, I will now describe my usage behavior:

I don't have WiFi at home. In the beginning, I had a little box where you could put the SIM card in and Wi-Fi came out. But now I prefer to have two cell phones, one is my iPhone, which I use for a lot of things but not everything, and the other is the Android cell phone I'm looking for, which I now want to replace and call a WLAN donor.

Why Android?

With the software versions I know, Android has the advantage that you can switch on the hotspot permanently and it remains active even when no devices are connected. I also have apps that are only available for the iPhone and only for Android.

Budget:

I'm aiming for around €200 if it makes sense, it could also be €250 🤭

Main tasks WLAN dispenser:

Hotspot, e-reader, telephone

It would be important to me:

The WLAN dispenser should have a powerful battery, as it supplies all my devices with WLAN 24/7.

The WLAN dispenser should have a relatively large and eye-friendly display, as I use it a lot for reading, but still fit in my handbag. (Smartphones of 6-7 inches are probably ideal here)

It would be great if the WLAN dispenser costs little, has a minimalist design, looks and feels good, doesn't have any huge structures or protruding lenses on the back and has advantageous software.

So am I looking for the jack of all trades and cheap to boot?

No, you can make compromises in many areas, for example, the quality of the camera/s is irrelevant, the speed and manufacturer of the chip are irrelevant, NFC is not needed, the charging speed is unimportant and all the other popular features are not needed either.

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Thanks if you've read this far and now I'm looking forward to one or two smartphone recommendations.

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$1810 (+4,31%)

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$AAPL (+0,2%)

$NOKIA (-0,74%)

$MSI (-0,33%)

$005930

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Additional question:

I have already noticed that certain apps and subscriptions have different prices between Germany and Austria. It should be even cheaper with countries like Poland, Turkey or Brazil...

The new smartphone would be the chance to set up everything with the cheapest country... Which countries would be a good choice for getting apps and subscriptions at a good price and what should I bear in mind?

Thanks again

Xiaomi officially unveils new e-car: but more Tesla than Ferrari. $1810 (+4,31%)

Xiaomi follows up and presents its second electric car, the YU7. The electric SUV confidently takes on strong competition in the form of the Tesla Model Y.

Looks like a Ferrari! Pictures of the new electric car from Xiaomi published a few days ago caused a real storm of enthusiasm on the internet. Now the Chinese manufacturer is officially pulling the cloth off the car, providing a few key figures and the official name of the car: the Tesla Model Y competitor is called the Xiaomi YU7.

According to Xiaomi CEO Lei Jun, interested parties won't have to wait too long for the brand's second e-car. The YU7 is set to be launched in summer 2025, at least in its home country of China. While we are still waiting for official technical data on the range, battery capacity and price of the Xiaomi YU7, Jun has at least revealed the dimensions.

With a length of just under five meters, a height of 1.60 meters and a width of 1.99 meters, the electric car will have a wheelbase of 3.0 meters and weigh 2.4 tons. Visually, the station wagon stands out from Xiaomi's debut model, particularly at the rear. The top speed is expected to be 265 km/h.

https://www.netzwelt.de/news/236978-xiaomi-enthuellt-offiziell-neues-e-auto-eher-tesla-ferrari.html

https://www.netzwelt.de/news/236840-leak-zweites-e-auto-xiaomi-sieht-ferrari-innovatives-display.html

Purchase decision for electric cars

I would like to increase my position in EV companies from China. I currently already have $175 (+0,38%) in the portfolio, but would like to diversify further. After looking around and reading up a bit, I have widened the circle to $1211 (+0,53%) and $1810 (+4,31%) narrow it down. I see BYD as a safer investment, while Xiaomi, despite its broad product range, looks more like a risky stock. What are your views on this? Which share would you prefer?