BEIJING/SHANGHAI, Nov 18 (Reuters) - Chinese electronics

maker Xiaomi Corp ( XIACF ) posted a 30.5% jump in third-quarter

revenue as consumers clamoured for its first electric vehicle,

the SU7 sedan.

Xiaomi ( XIACF ) launched the car, which draws styling cues from

Porsche, in March, entering a crowded China EV market with an

attention-grabbing price tag - under $30,000 for the base model,

$4,000 cheaper than the base model of Tesla's Model 3

in China.

It raised its sales target on Monday and is now aiming for

sales of 130,000 this year, far more than an initial goal of

76,000. To keep up with demand, Xiaomi ( XIACF ) has doubled production

shifts since June and launched the premium SU7 Ultra model

priced at more than $110,000.

Revenue came in at 92.5 billion yuan ($12.77 billion) for

the quarter ended Sept. 30, beating an LSEG consensus estimate

from 15 analysts of 91.1 billion yuan.

Huatai Securities has forecast Xiaomi ( XIACF ) will deliver 400,000

EVs in 2025 when electric cars will grow to account for roughly

a fifth of revenue compared with 8% for this year.

Xiaomi's ( XIACF ) auto business though is still operating at a loss.

The unit reported an adjusted loss of 1.5 billion yuan for the

quarter, with a gross profit margin of 17.1%.

During the quarter, Xiaomi ( XIACF ) maintained its position as the

world's third-largest smartphone maker with shipments of 42.8

million units, up 3% and capturing 14% of the market, according

to research firm Canalys.

Xiaomi ( XIACF ) reported adjusted net profit climbed 4.4% to 6.25

billion yuan, versus a consensus estimate of 5.92 billion yuan.

($1 = 7.2438 Chinese yuan renminbi)

(Reporting by Liam Mo and Brenda Goh; Editing by Edwina Gibbs

and Muralikumar Anantharaman)