New air conditioners and factory expansion
To ensure the quality of its products, Xiaomi has specially created an Intelligent Home Appliance Testing Center. This center has more than 20 engineers and more than 47 laboratories where Xiaomi’s existing and upcoming products undergo rigorous testing. Xiaomi tests its products in various conditions, such as extreme hot and cold temperatures, so that they can create strong and long-lasting products.
With its expansion plans, Xiaomi is also going to launch a new range of air conditioners in the coming year. The company has taken this step keeping in mind the increasing demand for AC and smart home cooling solutions. The company’s strong performance in the air conditioner market makes it clear that Xiaomi wants to further expand its presence in this sector.
Xiaomi’s recent financial report has shown growth. In this, the company has seen an increase of 30.5 percent revenue year on year. In particular, the company’s air conditioner shipments witnessed a growth of more than 55 percent, while refrigerator and washing machine shipments also witnessed a strong growth. These positive results show that Xiaomi is able to gain a strong hold in the market through its products and meet consumer needs.
With the company focusing on quality and customer satisfaction, Xiaomi is ready to become a major player in the global home appliances market. The company’s new factory and its testing center will accelerate the production capacity of the products as well as provide good quality products to consumers across the world.
Xiaomi is also going to enter the electric SUV market with YU7. This will be a completely electric SUV, which will have 681 horse power, slim design. It will come at a price competitive with its competitor model Tesla Model Y. This car is likely to be launched in mid-2025. It will face tough competition from Tesla, BYD and Neo.