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XIAOMI EV BUSINESS
Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...- China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
- Red carpet and red lines: Xi charmed Trump but gave up nothingWrapping up a two-day summit in Beijing, Trump has taken a step towards reducing tensions, but the gathering did not result in any major tr...
- Elon Musk faces a mix of admiration and scrutiny during his China visit with US President Donald Trump; here's whyElon Musk is in China for a summit with President Xi Jinping. He faces a mix of admiration and scrutiny. While Tesla's electric vehicles in...
- Xiaomi reports 81% jump in third-quarter profit on strong EV salesXiaomi has celebrated an impressive profit jump of 80.9% in the third quarter, largely fueled by their burgeoning electric vehicle line and...
- Xiaomi's second-quarter revenue up 30.5%, boosted by smartphonesThe world's third-largest smartphone maker became the bestselling smartphone brand in Southeast Asia in the second quarter and took second ...
- Xiaomi reports 47% revenue growth in Q1 as it launches new electric SUVXiaomi reported record-high revenue and profit in Q1, driven by its focus on high-end products, including smartphones and home appliances. ...
- Another headache for Elon Musk: Xiaomi launches YU7 that will directly compete with Tesla's Model Y in ChinaXiaomi has revealed a new electric car called the YU7. It might be a big challenge for Tesla's Model Y in China. Experts think it could cha...
- Xiaomi eyes $5.3 bn ride on Hang Seng bullsXiaomi Corp began a share sale aiming to raise up to $5.3 billion for its electric vehicle business, offering 750 million shares at a disco...
- Xiaomi says it has no plan to launch its electric car, SU7, in IndiaXiaomi's electric car, the SU7, won't be coming to India anytime soon. The company is prioritizing the Chinese market after successful init...
- Xiaomi's automobile plant expansion to be completed in mid-2025, report saysThe second phase of the Xiaomi Intelligent Manufacturing Industrial Base is scheduled to be completed on June 15, according to a report by ...
- China Xiaomi's market value soars by up to $7.6 bln on EV launchXiaomi's shares rose 16% following the launch of its electric vehicle, the SU7. Despite strong interest with 88,898 pre-orders, Citi Resear...
- Can smartphone giant Xiaomi take on EV titans Tesla and BYD?Xiaomi's $8 billion stock rally hinges on its first electric vehicle SU7 launch in China, challenging Tesla and BYD. Analysts predict posit...
- China's Xiaomi says it will start deliveries of its first EV model on March 28The smartphone maker, China's fifth-largest, said in a Weibo post it has 59 stores in 29 cities nationwide that will take orders. A launch ...
- Xiaomi branded EVs, SU7 and SU7 Max with top speed of up to 265 kph, revealedBAIC Group, a Beijing-based automaker, has sought approval from regulators to manufacture two electric vehicles (EVs) under the Xiaomi bran...
- China's Xiaomi wins state planner nod to make EVs amid glut in autosXiaomi Corp has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the mat...
- Xiaomi's $10 billion electric vehicle project said to hit regulatory barrierBillionaire co-founder Lei Jun, who has said EVs will be his final startup endeavor, hopes Xiaomi’s expertise in connected technologies and...
- Xiaomi prepares to ride the EV waveAccording to CNBC, the name of the subsidiary is Xiaomi EV, Inc. and it has been set up with previously-announced registered capital of 10 ...
- Xiaomi to invest $10 billion in new EV unit over 10 yearsThe company's move into the EV industry follows similar steps by other tech giants, both in China and overseas.
- Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant: SourcesXiaomi, one of the world's biggest smartphone makers, is in talks to use one of Great Wall's plants in China to make EVs under its own bran...
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