Xiaomi Corp. stock gains focus as October EV deliveries top 50,000
Published on 11/05/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEV deliveries set a new pace
- Xiaomi delivered more than 50,000 electric vehicles in October, its highest monthly total of 2026.
- Deliveries for the first ten months reached about 336,000 vehicles, equal to about 61% of the full-year target.
- The company is expanding beyond smartphones as it scales production across its electric vehicle business.
Xiaomi said on Sunday, November 1, that it delivered more than 50,000 electric vehicles in October. The figure marked the company's strongest monthly delivery pace of 2026 and kept its vehicle expansion at the center of the investment case. Reuters reported the figures after Xiaomi disclosed the October total.
Vehicle growth broadens Xiaomi
The October result followed monthly deliveries above 30,000 in August and above 40,000 in September. Xiaomi's first ten months therefore reached about 336,000 vehicles, or about 61% of its 2026 objective of 550,000 vehicles.
The vehicle business gives Xiaomi a growth avenue beyond smartphones and smart hardware. The company is increasing production in China's competitive electric vehicle market, where delivery momentum and the pace of new model launches will remain important indicators for investors.
Target requires faster year-end pace
Reaching the annual objective will require a materially stronger delivery pace in November and December than the company achieved in October. The reported figures do not include an exact October total, so the final position against the target will depend on the confirmed monthly number and the next two months of deliveries.
The real-time quote of Xiaomi Corp. stock stood at 3.49 euros on Lang & Schwarz at 09:34 CET on Thursday, November 5, 2026.
Xiaomi Corp. at a glance
- Company: Xiaomi Corp.
- ISIN: KYG9830T1067
- Trading venue: Lang & Schwarz
- Latest quote: 3.49 euros on Thursday, November 5, 2026, at 09:34 CET
- October electric vehicle deliveries: More than 50,000 units
- 2026 vehicle target: 550,000 units
China's broader equity market remains the relevant market backdrop for Xiaomi, with the Shanghai Composite providing a broad reference for mainland Chinese shares.
