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XIAOMI-WR

50.450

+2.1004.34%

Volume:143.20K

Turnover:7.17M

Market Cap:1.31T

PE:52.94

High:50.550

Open:49.100

Low:48.750

Close:48.350

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Overview Company News Filings

Xiaomi (XIACF) 2024 Q4 Earnings Call Q&A Summary: Smartphone Market, EV Business, and International Expansion

Xiaomi (XIACF) Q4 2024 Earnings Call Summary: Record Revenue and Profit Driven by Smartphone and EV Growth

Xiaomi Reports Strong IoT Growth, Expands Retail Network and Sees Smartphone-EV Synergies

Xiaomi Reports Record 2024 Revenue of 365.9B Yuan, Up 35% YoY; EV Deliveries Reach 136,854 Units

Xiaomi Reports Record 2024 Results, Plans Aggressive EV and Overseas Expansion in 2025

Xiaomi Reports Record 2024 Revenue of RMB 365.9B, Up 35% YoY; EV Business Ramps Up

Xiaomi Reports Record 2024 Revenue of 365.9B Yuan, Up 35% YoY

Xiaomi 2024 Results: Record Revenue, Profit; Strong Growth in Smartphones, AIoT, and EV

BRIEF-Xiaomi Corp Posts FY Adjusted Net Income RMB 27,200 Mln

Xiaomi - Expect to Expand Approximately 10,000 New Mi Home Stores Overseas in Next 5 Years

THOMSON REUTERS

Xiaomi Corp FY Gross Profit RMB 76,600 Million

THOMSON REUTERS

Hong Kong Stocks Soar to Three-Year High; Tech Stocks Lead Rally

MT Newswires Live

China's Xiaomi Founder: Raises Car Delivery Target for 2025 to 350,000

THOMSON REUTERS

BRIEF-NaaS Technology And Xiaomi Auto Join Forces To Enhance Smart EV Charging Ecosystem

NaaS Technology Inc. and Xiaomi Auto Join Forces to Enhance Smart EV Charging Ecosystem

THOMSON REUTERS

Are Robust Financials Driving The Recent Rally In Xiaomi Corporation's (HKG:1810) Stock?

Simply Wall St.

Hong Kong Stocks Snap Five-Day Losing Streak on Tech Rally; CK Hutchison Plunges 6%

MT Newswires Live

Xiaomi's electric crossover car YU7 to have range of up to 770 km, govt document shows

Xiaomi's Upcoming Electric Crossover Yu7 With Three Versions of Driving Range From 675 Km to 770 Km Among Models Added to List of Cars Enjoying Tax Breaks - Industry Ministry

THOMSON REUTERS

Indus Appstore to Come Pre-Installed on Xiaomi India Devices - Statement

THOMSON REUTERS

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Optimizing existing production lines  2. Working closely with suppliers to ensure supply  3. Potentially adding new production lines- The production capacity target has been increased from 300,000 to 350,000 units for 2025.- Capacity will be allocated across all EV models, not just focused on the new SU7.- The company aims to balance supply between different models to meet diverse customer demand.Q3: How i","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Xiaomi (XIACF) 2024 Q4 Earnings Call Q&A Summary: Smartphone Market, EV Business, and International Expansion","news_tag":"earningsCall","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810","XIACY","81810"],"gpt_icon":1},{"id":"1154134862","title":"Xiaomi (XIACF) Q4 2024 Earnings Call Summary: Record Revenue and Profit Driven by Smartphone and EV Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1154134862","media":"Earnings Call","labels":["earningsCall"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1154134862?lang=en_us&edition=fundamental","pubTime":"2025-03-18 21:36","pubTimestamp":1742304963,"startTime":"0","endTime":"0","summary":"A:1. Clear Synergies: Definite synergies exist between smartphone and EV businesses.2. Sales Boost: During Chinese New Year, when traditional car brands see sales drop, Xiaomi SU7 sales increased due to exposure in shopping malls.3. Premium Positioning: The simultaneous launch of Xiaomi 15 Pro and SU7 R boosted sales for both products. Xiaomi 15 Pro sales grew 80% compared to the previous generation.4. Long-term Potential: These synergies are just beginning, with more value expected to be realiz","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Xiaomi (XIACF) Q4 2024 Earnings Call Summary: Record Revenue and Profit Driven by Smartphone and EV Growth","news_tag":"earningsCall","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810","XIACY","81810"],"gpt_icon":1},{"id":"1155251788","title":"Xiaomi Reports Strong IoT Growth, Expands Retail Network and Sees Smartphone-EV Synergies","url":"https://stock-news.laohu8.com/highlight/detail?id=1155251788","media":"Earnings Call","labels":["earningsCall"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1155251788?lang=en_us&edition=fundamental","pubTime":"2025-03-18 21:32","pubTimestamp":1742304741,"startTime":"0","endTime":"0","summary":"1. Xiaomi's IoT and lifestyle products revenue grew significantly in 2024, reaching 104.1 billion yuan, up 30% year-on-year. The gross margin improved to 20.3%, up 3.9 percentage points.2. Smart home appliances performed exceptionally well, with shipments increasing 47.4% year-on-year. Tablet products maintained rapid growth, with global shipments up over 73%.3. The company aims to grow its air conditioner business by over 50% in 2025 and become a top 2-3 player in the market by 2030. 4. Xiaomi ","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"c6c590377e6a4b4b8a4950ace5774714","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"earningsCall","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810","81810","XIACY"],"gpt_icon":0},{"id":"1162139962","title":"Xiaomi Reports Record 2024 Revenue of 365.9B Yuan, Up 35% YoY; EV Deliveries Reach 136,854 Units","url":"https://stock-news.laohu8.com/highlight/detail?id=1162139962","media":"Earnings Call","labels":["earningsCall"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1162139962?lang=en_us&edition=fundamental","pubTime":"2025-03-18 21:22","pubTimestamp":1742304139,"startTime":"0","endTime":"0","summary":"1. Xiaomi reported record 2024 revenue of 365.9 billion yuan, up 35% year-on-year. Adjusted net profit reached 27.2 billion yuan, up 41.3%.2. Smartphone business revenue was 191.8 billion yuan in 2024","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"earningsCall","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810","81810","XIACY"],"gpt_icon":0},{"id":"1135102246","title":"Xiaomi Reports Record 2024 Results, Plans Aggressive EV and Overseas Expansion in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=1135102246","media":"Earnings Call","labels":["earningsCall"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1135102246?lang=en_us&edition=fundamental","pubTime":"2025-03-18 21:12","pubTimestamp":1742303529,"startTime":"0","endTime":"0","summary":"Xiaomi reported strong financial results for 2024:- Total revenue reached 365.9 billion yuan, up 35% year-over-year- Adjusted net profit hit 27.2 billion yuan, up 41.3% - Smartphone shipments grew 15.7% to 168.1 million units- IoT revenue exceeded 100 billion yuan for the first time, up 30%- Internet services revenue reached 34.1 billion yuan, up 13%- EV business delivered 136,854 units with 18.5% gross margin- R&D expenses increased 25.9% to 24.1 billion yuanFor 2025, Xiaomi aims to:- Increase ","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"earningsCall","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810","XIACY","81810"],"gpt_icon":0},{"id":"1113271416","title":"Xiaomi Reports Record 2024 Revenue of RMB 365.9B, Up 35% YoY; EV Business Ramps Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1113271416","media":"Earnings Call","labels":["earningsCall"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1113271416?lang=en_us&edition=fundamental","pubTime":"2025-03-18 21:01","pubTimestamp":1742302872,"startTime":"0","endTime":"0","summary":"Xiaomi reported strong financial results for 2024:- Total revenue reached RMB 365.9 billion, up 35% year-over-year- Adjusted net profit was RMB 27.2 billion, up 41.3% year-over-year - Core business profit  hit RMB 33.5 billion, up 29% year-over-year- Smartphone shipments grew 15.7% to 168.1 million units globally- IoT revenue exceeded RMB 100 billion for the first time, up 30% year-over-year- Internet services revenue reached RMB 34.1 billion, up 13% year-over-year- EV business delivered 136,854","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"earningsCall","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810","XIACY","81810"],"gpt_icon":0},{"id":"1111786306","title":"Xiaomi Reports Record 2024 Revenue of 365.9B Yuan, Up 35% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1111786306","media":"Earnings Call","labels":["earningsCall"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1111786306?lang=en_us&edition=fundamental","pubTime":"2025-03-18 20:51","pubTimestamp":1742302279,"startTime":"0","endTime":"0","summary":"1. Xiaomi reported record 2024 revenue of 365.9 billion yuan, up 35% year-over-year. Adjusted net profit reached 27.2 billion yuan, up 41% year-over-year.2. Core business profit hit a record 33.5 billion yuan in 2024, with a 10% profit margin.3. Smartphone business outperformed the market with over 15% shipment growth. Global market share increased to 13.8%.4. IoT business revenue exceeded 100 billion yuan for the first time, with smart home appliances growing over 55% and tablet shipments up ov","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"earningsCall","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["XIACY","81810","01810"],"gpt_icon":0},{"id":"1143190997","title":"Xiaomi 2024 Results: Record Revenue, Profit; Strong Growth in Smartphones, AIoT, and EV","url":"https://stock-news.laohu8.com/highlight/detail?id=1143190997","media":"Earnings Call","labels":["earningsCall"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1143190997?lang=en_us&edition=fundamental","pubTime":"2025-03-18 20:41","pubTimestamp":1742301678,"startTime":"0","endTime":"0","summary":"Xiaomi Group held its 2024 annual results conference call. Key highlights:1. Record-breaking performance: Total revenue reached 365.9 billion yuan, up 35% YoY. Adjusted net profit hit 27.2 billion yuan, up 41% YoY.2. Smartphone business: Shipments increased over 15%, outpacing top 5 manufacturers. Global market share rose 1 percentage point to 13.8%.3. AIoT business: Revenue exceeded 100 billion yuan for the first time. Smart TV business grew over 55% YoY.4. Xiaomi EV: Delivered 113,600 units in","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"earningsCall","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810","XIACY","81810"],"gpt_icon":0},{"id":"2520648488","title":"BRIEF-Xiaomi Corp Posts FY Adjusted Net Income RMB 27,200 Mln","url":"https://stock-news.laohu8.com/highlight/detail?id=2520648488","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520648488?lang=en_us&edition=fundamental","pubTime":"2025-03-18 17:35","pubTimestamp":1742290506,"startTime":"0","endTime":"0","summary":"BRIEF-Xiaomi Corp Posts FY Adjusted Net Income RMB 27,200 MlnMarch 18  - Xiaomi Corp 1810.HK:FY GROSS PROFIT RMB 76,600 MILLIONFY ADJUSTED NET INCOME RMB 27,200 MILLIONFY REVENUE RMB 365,900 MILLIONEXPECT TO EXPAND APPROXIMATELY 10,000 NEW MI HOME STORES OVERSEAS IN NEXT 5 YEARSFY GROSS MARGIN 20.9%Further company coverage: 1810.HK ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250318:nPLXC265D8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1193","LU0456827905.SGD","LU0211977185.USD","LU1961090484.USD","BK1523","LU0320764599.SGD","LU0327786744.USD","LU0359201885.HKD","LU0499858438.USD","LU0348814723.USD","LU0348825331.USD","LU2097828474.EUR","LU2097828805.USD","BK1618","01810","81810","LU0823397285.USD","LU0823413587.USD","LU1770036033.HKD","LU0164880469.USD","BK1615","IE0034224299.USD","XIACY","LU0149721374.USD","LU0634319403.HKD","LU0700851271.USD","LU1328277881.USD","LU1956131251.USD","BK1502","LU0823038988.USD","LU0348735423.USD","LU0348827113.USD","LU0561508036.HKD","LU1794554557.SGD","LU1981816686.USD","BK1589","LU0417516738.SGD","LU0918141887.USD","HXXD.SI","LU1813983027.USD","LU2226246903.HKD","LU0823397103.USD","LU1481107354.HKD","LU0235996351.USD","LU0499858602.USD","LU0871576103.HKD","BK1607","SG9999002463.SGD","LU0345776255.USD","LU0307460666.USD"],"gpt_icon":0},{"id":"2520648668","title":"Xiaomi - Expect to Expand Approximately 10,000 New Mi Home Stores Overseas in Next 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2520648668","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520648668?lang=en_us&edition=fundamental","pubTime":"2025-03-18 17:25","pubTimestamp":1742289931,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250318:nPLXC265D8:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1880383366.USD","LU0823413660.USD","LU1813983027.USD","LU1961090484.USD","LU0823039010.USD","LU1023057109.AUD","LU2097828714.EUR","81810","LU2778985437.USD","LU0611395673.USD","LU1303224171.USD","BK1523","LU2097828557.USD","LU0456846285.SGD","LU1719994722.HKD","01810","IE0034224299.USD","LU2097828631.EUR","LU0051755006.USD","HXXD.SI","BK1193","LU0211977185.USD","LU0823038988.USD","LU0871576103.HKD","BK1618","LU0348825331.USD","LU0572944931.SGD","LU1880383440.USD","LU1282648689.USD","LU1770034418.SGD","LU2226246903.HKD","LU0348827113.USD","LU0561508036.HKD","LU1981816686.USD","LU0314109678.HKD","BK1575","LU0823397103.USD","LU0708995583.HKD","LU0918141887.USD","BK1502","LU2097828805.USD","XIACY","LU0417516738.SGD","LU0634319403.HKD","LU1105468828.SGD","LU0797268264.HKD","BK1521","LU0823426480.USD","LU0823397285.USD","LU1481107354.HKD"],"gpt_icon":0},{"id":"2520548610","title":"Xiaomi Corp FY Gross Profit RMB 76,600 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2520548610","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520548610?lang=en_us&edition=fundamental","pubTime":"2025-03-18 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Kong Stocks Soar to Three-Year High; Tech Stocks Lead Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2520611137","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520611137?lang=en_us&edition=fundamental","pubTime":"2025-03-18 16:49","pubTimestamp":1742287769,"startTime":"0","endTime":"0","summary":"Hong Kong stocks climbed to their highest point in three years on Tuesday as investor sentiment got a boost from hopes that upcoming talks between the US and China could ease trade tensions between 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Technology And Xiaomi Auto Join Forces To Enhance Smart EV Charging Ecosystem","url":"https://stock-news.laohu8.com/highlight/detail?id=2520510263","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520510263?lang=en_us&edition=fundamental","pubTime":"2025-03-17 18:17","pubTimestamp":1742206634,"startTime":"0","endTime":"0","summary":"BRIEF-NaaS Technology And Xiaomi Auto Join Forces To Enhance Smart EV Charging EcosystemMarch 17 (Reuters) - Xiaomi Corp 1810.HK:NAAS TECHNOLOGY INC. AND XIAOMI AUTO JOIN FORCES TO ENHANCE SMART EV 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Robust Financials Driving The Recent Rally In Xiaomi Corporation's (HKG:1810) Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2520555130","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520555130?lang=en_us&edition=fundamental","pubTime":"2025-03-17 08:17","pubTimestamp":1742170672,"startTime":"0","endTime":"0","summary":"Xiaomi (HKG:1810) has had a great run on the share market with its stock up by a significant 77% over the last 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Kong Stocks Snap Five-Day Losing Streak on Tech Rally; CK Hutchison Plunges 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=2519217728","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519217728?lang=en_us&edition=fundamental","pubTime":"2025-03-14 16:47","pubTimestamp":1741942022,"startTime":"0","endTime":"0","summary":"Hong Kong stocks rebounded from a five-day losing streak to close the week on a positive note after a renewed interest in tech stocks ignited an investor buying spree.The Hang Seng Index surged 2.12%, or 497.33 points, to end at 23,959.98. The Hang Seng China Enterprises Index added 2.75%, or 237.38 points, to 8,877.99.Tech giants, which have enjoyed the AI-driven optimism spurred by the global success of Deepseek, led the rally on Friday.Meituan  surged over 5% on Friday, with Alibaba Group  and Tencent  rising 3% each and Xiaomi  following close behind with a boost of 2%.Global lenders including Citigroup and Goldman Sachs have turned more optimistic about Chinese stocks amid a downturn in US stocks due to uncertainty arising from Donald Trump's economic policies, according to an SCMP report.In corporate news, shares of port conglomerate CK Hutchison  slid over 6% after a deal to sell a stake in Panama Port operators to a consortium led by US firm BlackRock drew backlash from China.C","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0329678337.USD","513600","LU2399975544.HKD","LU0650527681.SGD","LU1880383366.USD","LU1720051108.HKD","SG9999001226.SGD","LU1105468828.SGD","BK1609","LU1224709979.USD","BK1501","BK1521","LU2237443465.HKD","HHImain","HSI","HMTD.SI","HBBD.SI","SG9999000418.SGD","LU0918141705.HKD","HXXD.SI","00001","LU1688375341.USD","BK4581","LU0672654166.SGD","LU1328615791.USD","LU1823568750.SGD","80700","LU0039217434.USD","SG9999002562.SGD","MCHmain","89988","BK1500","81810","SG9999001846.SGD","HTCD.SI","LU0029874905.USD","LU0608807433.USD","BK1095","BK1506","02833","LU0501845795.SGD"],"gpt_icon":1},{"id":"2519880848","title":"Xiaomi's electric crossover car YU7 to have range of up to 770 km, govt document shows","url":"https://stock-news.laohu8.com/highlight/detail?id=2519880848","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519880848?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:33","pubTimestamp":1741861995,"startTime":"0","endTime":"0","summary":"Xiaomi's electric crossover car YU7 to have range of up to 770 km, govt document showsBEIJING, March 13  - Chinese tech company Xiaomi 1810.HK's new electric crossover SUV, the YU7, will have a driving range of up to 770 kilometres , a government document showed on Thursday.    The car will be Xiaomi's first SUV and is expected to hit the market this summer, to take on Tesla TSLA.O's Model Y.The vehicle, which would combine features of a traditional crossover SUV with a battery-powered drivetrain, also comes in a shorter driving range of 675 km and 760 km. It was among newly added models to enjoy purchase tax breaks, according to an industry ministry notice.Tesla began deliveries of refreshed Model Y at the end of February. The long-range variant of the redesigned Model Y has a driving range of 719 kilometres per charge, up from 688 km, while the rear-drive variant now has a range of 593 km, from 554 km.  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