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Xiaomi targets 550,000 electric vehicle sales in 2026. Slower growth pace, but strong long-term investment push

Chinese tech giant Xiaomi has set a target of selling 550,000 electric vehicles in 2026, representing a 34% increase compared to 2025 sales. The announcement was made by founder and CEO Lei Jun during a live broadcast, according to EFE and Agerpres.

“We will devote more energy to the automotive industry this year,” Lei Jun said, adding that Xiaomi plans to invest around $28.6 billion in research and development over the next five years.

Read full article here: turnovernews.com

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Photo: Euronews

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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