Posted inBusiness

Xiaomi’s EV losses hit $5,600 per car as volume grows

Xiaomi’s EV losses are getting bigger even as the company sells more cars. In the first quarter of 2026, Xiaomi moved 80,856 vehicles and still lost about $5,600 on each one, according to financial results reviewed by CarNewsChina. That compares with a loss of roughly $900 per vehicle in 2025. More sales, bigger losses, same […]