Morning News Xiaomi Group Q1 financial report released, all-new NIO ES6 officially launched

Xiaomi Group Q1 financial report released, NIO ES6 launched

【PhoneAuto Morning News】On the afternoon of May 24th, Xiaomi Group officially released the company’s Q1 2023 financial report. On the same day, the brand new NIO ES6 was officially launched, with a price range of 368,000-4.26 million yuan. At the same time, the new car provides a BaaS battery rental plan, priced at 98,000 yuan, with a monthly battery fee of 980 yuan/1680 yuan.

Xiaomi Q1 financial report released: Total revenue was nearly 59.5 billion yuan, and a gross profit margin of 19.5% reached a new high.

The financial report shows that as of March 31, Xiaomi’s first-quarter revenue was 59.48 billion yuan, a year-on-year decrease of 18.9% and a month-on-month decrease of 9.9%. The estimated revenue was 58.81 billion yuan. But the adjusted net profit was 3.23 billion yuan, a year-on-year increase of 13.1% and a month-on-month increase of 121.3%, and the estimated profit was 3 billion yuan. The group’s overall gross profit margin of 19.5% reached a historical high. In addition, Xiaomi invested 1.1 billion yuan in innovative businesses, including smart electric vehicles.

The brand new NIO ES6 is on sale! Starting at 368,000 yuan, battery rental is sold at 98,000 yuan

This time, the overall design of the brand new NIO ES6 inherits the old model, but the design is simpler. In terms of space, the length, width and height of the new NIO ES6 are 4854mm/1995mm/1703mm, and the wheelbase is 2915mm, which is not much different from the current model. In terms of power and endurance, the brand new NIO ES6 adopts front and rear dual motors, with a maximum power of 150 kilowatts for the front motor and 210 kilowatts for the rear motor. The acceleration time from 0-100km/h is 4.5 seconds, and the braking distance from 100-0km/h is 34.5 meters. The standard endurance battery pack (75kWh) of the new car has a CLTC endurance of 490 kilometers, the long endurance battery pack (100kWh) has a range of 625 kilometers, and the 150kWh battery pack has the longest endurance of up to 930 kilometers.

Attention Apple fans!’s 618 iPhone coupon is here with up to 1800 yuan off

The annual 618 promotion has begun, have you decided what to buy yet? During the promotion, many consumers start shopping for new phones. has officially introduced “Early access to 618 discounts” Part 2, and the iPhone coupon that everyone has been waiting for is here! From May 25th to May 27th, at 0:00, 10:00 and 20:00 every day, a limited number of coupons for the iPhone 14 Pro series will be available with discounts of up to 1800 yuan!

Let’s show our strength to our competitors! Li Xiang: Ideal L7 can sell up to 20,000 units per month in October

Li Xiang posted on his personal Weibo account: “Ideal L7 can sell up to 20,000 units per month in October this year. I set a small goal for the team in advance. To our suppliers and partners, please trust us and keep up with the production capacity!” Interestingly, Li Xiang posted this message right after the launch of NIO’s new ES6 model, which is their competitor. Some netizens commented: “After watching the ES6 launch, Li Xiang must be very happy.” “Li Xiang is even more confident about the sales of Ideal L7.”

We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


Huawei announces will hold the Operating System Conference at the Beijing National Convention Center.

【Mobile China News】On December 15, Mobile China noticed that Huawei Computing officially announced that the OS Conf...


Strong Alliance! China Unicom and Huawei Launch Commercial 5G-A Flexible Production Line

[China Mobile News] Recently, China Mobile has noticed that China Unicom has partnered with Huawei to assist Jingchen...


Huawei is reportedly clearing out inventory of Snapdragon models and will soon switch to a new product line!

【Mobile China News】Previously, unlike most other mobile phone manufacturers, a large number of Huawei models used t...


Huawei and U+ jointly release database storage and calculation separation solution to accelerate the upgrading of China's industries.

[Mobile China News] On December 5, Mobile China noticed that according to the Science and Technology Innovation Board...


Japanese media reports claim that the iPhone 15 is facing tough competition in China, as Huawei's offensive is fierce and Meta ramps up production.

[Mobile China News] On October 20th, Mobile China noticed that the Nikkei Chinese website reported that the productio...


Huawei responds to the rebranding of HuaBianPay Essentially speeding up the construction of the HarmonyOS ecosystem.

【Mobile China News】On October 13th, the People's Bank of China officially announced that Huawei's payment instituti...