On March 18, March 18, Xiaomi Group released its annual financial report for 2024. As of December 31, 2024, the first year delivery of Xiaomi SU7 series reached 136,854 units. In 2024, the gross profit margin of Xiaomi's innovative business segments such as smart electric vehicles was 18.5%, and the adjusted net loss was RMB 6.20 billion yuan. Based on this simple calculation, the average loss per car sold was 45,300 yuan. Lu Weibing, president of Xiaomi Group, said at the earnings call on the evening of March 18 that the current Xiaomi automobile business is still in the stage of large investment, and there is no very clear internal profit schedule requirement for the automobile business, but efforts will be made to improve the profitability of the business.