Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025)

Model Innovation on Corporate Performance in the Context of Digital Economy--the Case of Xiaomi Automobile

Authors
Wenhao Huang1, *
1School of Economics, Guangdong University of Finance and Economics, Guangzhou, China
*Corresponding author. Email: dean4321@uok.edu.gr
Corresponding Author
Wenhao Huang
Available Online 14 August 2025.
DOI
10.2991/978-94-6463-811-0_79How to use a DOI?
Keywords
Digital Economy; Business Model Innovation; Corporate Performance; Xiaomi Auto; Ecological Synergy
Abstract

In the era of the digital economy, the development of the new energy automobile industry is intensifying, and the public’s demand for automobiles is also increasing. This paper uses Xiaomi Automobile as an example to explore the impact of business model innovation on enterprise performance within the context of the digital economy. Under the wave of the digital economy, enterprises are facing unprecedented opportunities and challenges, and business model innovation has become the key to enterprise survival and development. As the strategic layout of millet group to enter the automobile industry, the business model innovation of millet car has significant characteristics of the times. This paper analyzes the innovative practice of Xiaomi Auto in platform operation, intelligent manufacturing and other aspects, and analyzes the characteristics and advantages of its business model, and then evaluates the impact of the launch of Xiaomi Auto on Xiaomi Group’s market share, customer satisfaction and profitability and other performance indicators, to provide a reference and reference for enterprises to carry out business model innovation in the context of the digital economy.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
14 August 2025
ISBN
978-94-6463-811-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-811-0_79How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Wenhao Huang
PY  - 2025
DA  - 2025/08/14
TI  - Model Innovation on Corporate Performance in the Context of Digital Economy--the Case of Xiaomi Automobile
BT  - Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025)
PB  - Atlantis Press
SP  - 752
EP  - 758
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-811-0_79
DO  - 10.2991/978-94-6463-811-0_79
ID  - Huang2025
ER  -