Xiaomi is establishing itself as a serious EV manufacturer – but still falling short of its annual target
Xiaomi delivered more than 50,000 electric vehicles in October 2026, its first month above that level, but only 336,000 units from January through October against a 550,000 annual goal. Hitting the target would require about 107,000 deliveries in both November and December, a scenario the report calls highly unrealistic.
