JOURNAL ARTICLE

Xiaomi targets 34% EV sales increase for 2026.

  • Published In: China Economic Review.com, 2026. P. 1 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

The article focuses on Xiaomi's ambitious plan to increase its electric vehicle (EV) delivery target to 550,000 units by 2026, reflecting a 34% increase from the previous year's sales of 410,000 cars. This announcement, made by founder Lei Jun, underscores the company's confidence in its EV business despite facing intense competition and safety concerns related to its assisted driving technology, particularly following a recent fatal crash involving one of its vehicles. Xiaomi, which is primarily known for its smartphones and consumer electronics, entered the EV market in 2021 with a significant investment of $10 billion and has rapidly emerged as one of China's leading EV brands. [Extracted from the article]

Additional Information

  • Source:China Economic Review.com. 2026/01, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:190723929
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