Gasgoo Daily: Xiaomi EV revenue hits 19 bln yuan in Q1

Yara From Gasgoo

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Xiaomi EV revenue hits 19 bln yuan in Q1

On May 26, Xiaomi Group released its Q1 2026 financial results, revealing that revenue from its innovation business segment — including smart EVs and AI — reached 19.9 billion yuan, up 6.9% year-over-year. Among them, Xiaomi's smart EV business alone contributed 19 billion yuan in revenue.

Xiaomi EV continues scaling fast:
✅ Q1 vehicle deliveries reached 80,856 units, up 6.6% YoY
✅ Cumulative deliveries surpassed 655,000 units as of April 23
✅ Xiaomi YU7 series delivered over 230,000 units within 10 months of launch
✅ The new-generation Xiaomi SU7 achieved 26,000 units of deliveries in just 35 days, with over 80,000 locked-in orders during initial sales

AITO M6 deliveries surpass 20,000 units in first month on sale

Latest figures show that cumulative deliveries of the AITO M6 exceeded 20,000 units within the first month after launch. Earlier, on May 11, the model had already surpassed 10,000 deliveries just 19 days after hitting the market.

The AITO M6 was officially launched on April 22, offering both range-extended and battery-electric variants across four trim levels, priced between RMB 259,800 and RMB 299,800.
In terms of intelligent driving, the entire lineup comes standard with Huawei Qiankun ADS 4.1 advanced driver assistance system and is equipped with 36 sensors.

For powertrain and range, the battery-electric version features a 100 kWh battery pack, delivering up to 760 km of CLTC range. The range-extended variant offers a combined driving range of up to 1,605 km, with fuel consumption as low as 5.9 liters per 100 km.

JAC Group enters Morocco market with full vehicle lineup

JAC Group recently held an official brand launch event in Casablanca, marking the automaker's formal entry into the Moroccan market.

The move strengthens JAC Group's footprint across North Africa while representing another milestone in the company's broader global expansion strategy.

As part of its market debut, JAC Group introduced a portfolio of eight models spanning passenger vehicles, commercial vehicles, and new-energy vehicle products. The lineup is designed to address a wide range of mobility demands in Morocco, from personal transportation to commercial logistics applications.

Looking ahead, JAC Group said it plans to introduce additional products to Morocco in line with evolving market demand.

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