Gasgoo Daily: Xiaomi EV tops 600,000-unit cumulative deliveries

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Xiaomi EV tops 600,000-unit cumulative deliveries

On February 13, Xiaomi EV announced that its cumulative deliveries had surpassed 600,000 units since customer handovers began on April 3, 2024. The milestone underscores the rapid scale-up of the young electric-vehicle maker.

In 2025 alone, the company delivered more than 410,000 vehicles, including over 50,000 units in December. Momentum has carried into the new year, with January 2026 deliveries reaching 39,000 units.

Earlier this year, during a livestreamed event, Xiaomi founder, chairman and CEO Lei Jun set a 2026 delivery target of 550,000 vehicles, signaling confidence in continued growth despite intensifying competition in China's EV market.

GAC Energy hits 2,000 self-operated charging stations nationwide

On February 12, GAC Energy, the energy services arm of GAC Group, announced that its self-operated charging network has surpassed 2,000 stations, marking a new milestone in the company's push to build a nationwide EV infrastructure platform.

The company said its charging footprint now spans 31 provincial-level regions and 211 cities across China, with a total of 24,313 charging piles, including 18,355 DC fast chargers. Cumulative charging volume has reached 1.56 billion kWh. More than half of its sites are large-format stations equipped with at least 10 chargers, while in key urban markets over 95% of facilities support 1,000V high-voltage ultra-fast charging.

ECARX's quarterly revenue hits new high in Q4 2025

On Feb. 12, ECARX Holdings Inc., the global mobility technology company listed on Nasdaq under the ticker ECX, has released its unaudited financial results for the fourth quarter ended December 31, 2025.

Chairman and CEO Ziyu Shen described the quarter as a pivotal moment for the company, marking the start of a new phase of sustainable, profitable growth in its ambition to become a global leader in automotive intelligent AI technologies. Revenue reached a record $304.7 million in the fourth quarter, up 13% year on year, while ECARX delivered both net income and adjusted EBITDA profitability for the second consecutive quarter.

He added, for the full year, revenue climbed to $847.9 million, achieving double-digit growth despite macroeconomic headwinds and tighter semiconductor supply. Management attributed the resilience to disciplined cost control and operational streamlining, alongside rising global demand for its diversified portfolio of intelligent automotive solutions.

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