Xiaomi Set to Keep Strong EV Delivery Momentum Going in 2H -- Market Talk

Dow Jones

2025/09/03

1107 GMT - Xiaomi's EV delivery volume is expected to increase further in September after an estimated record high in August, say Deutsche Bank analysts. DB's Bin Wang notes that rising supply is driving the delivery increase, with the tech giant set to begin EV production in a larger second plant this month. That could bring full-year production capacity to 400,000 units--above company guidance. A better product mix featuring more higher-margin models will likely boost unit volumes and margins. The bank expects the profit margin of Xiaomi's EV and AI segment to increase to 26.6% and 27.0% in 3Q and 4Q respectively, from an estimated 26.4% in 2Q for a full year 2025 margin of 25.5%, citing reduced per-unit fixed costs from rising volumes. DB retains a buy rating on Xiaomi's stock. (jason.chau@wsj.com)

(END) Dow Jones Newswires

September 03, 2025 07:07 ET (11:07 GMT)

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DB's Bin Wang notes that rising supply is driving the delivery increase, with the tech giant set to begin EV production in a larger second plant this month. That could bring full-year production capacity to 400,000 units--above company guidance. A better product mix featuring more higher-margin models will likely boost unit volumes and margins. The bank expects the profit margin of Xiaomi's EV and AI segment to increase to 26.6% and 27.0% in 3Q and 4Q respectively, from an estimated 26.4% in 2Q for a full year 2025 margin of 25.5%, citing reduced per-unit fixed costs from rising volumes. DB retains a buy rating on Xiaomi's stock. (jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 03, 2025 07:07 ET (11:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xiaomi Set to Keep Strong EV Delivery Momentum Going in 2H -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXiaomi Set to Keep Strong EV Delivery Momentum Going in 2H -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-03 19:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1107 GMT - <a href=\"https://laohu8.com/S/XIACY\">Xiaomi</a>'s EV delivery volume is expected to increase further in September after an estimated record high in August, say Deutsche Bank analysts. DB's Bin Wang notes that rising supply is driving the delivery increase, with the tech giant set to begin EV production in a larger second plant this month. That could bring full-year production capacity to 400,000 units--above company guidance. A better product mix featuring more higher-margin models will likely boost unit volumes and margins. The bank expects the profit margin of Xiaomi's EV and AI segment to increase to 26.6% and 27.0% in 3Q and 4Q respectively, from an estimated 26.4% in 2Q for a full year 2025 margin of 25.5%, citing reduced per-unit fixed costs from rising volumes. DB retains a buy rating on Xiaomi's stock. (jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 03, 2025 07:07 ET (11:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0052750758.USD","symbol_name":"富兰克林中国基金A Acc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2564367710","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564367710","pubTimestamp":1756897620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1107 GMT - Xiaomi's EV delivery volume is expected to increase further in September after an estimated record high in August, say Deutsche Bank analysts. DB's Bin Wang notes that rising supply is driving the delivery increase, with the tech giant set to begin EV production in a larger second plant this month. That could bring full-year production capacity to 400,000 units--above company guidance. A better product mix featuring more higher-margin models will likely boost unit volumes and margins. The bank expects the profit margin of Xiaomi's EV and AI segment to increase to 26.6% and 27.0% in 3Q and 4Q respectively, from an estimated 26.4% in 2Q for a full year 2025 margin of 25.5%, citing reduced per-unit fixed costs from rising volumes. DB retains a buy rating on Xiaomi's stock. 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DB's Bin Wang notes that rising supply is driving the delivery increase, with the tech giant set to begin EV production in a larger second plant this month. That could bring full-year production capacity to 400,000 units--above company guidance. A better product mix featuring more higher-margin models will likely boost unit volumes and margins. The bank expects the profit margin of Xiaomi's EV and AI segment to increase to 26.6% and 27.0% in 3Q and 4Q respectively, from an estimated 26.4% in 2Q for a full year 2025 margin of 25.5%, citing reduced per-unit fixed costs from rising volumes. DB retains a buy rating on Xiaomi's stock. (jason.chau@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 03, 2025 07:07 ET (11:07 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}