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 ...
19 Aug, 2025, 06.04 PM IST
How Xiaomi succeeded where Apple failedXiaomi, led by Lei Jun, has successfully entered the EV market, contrasting Apple's failed attempt. Capitalizing on China's robust EV ecosy...
07 Jul, 2025, 08.22 PM IST
Xiaomi's YU7 car buyers face year-long wait for delivery, sparking complaintsXiaomi is facing criticism regarding its YU7 electric SUV. Customers are reporting extended wait times, up to a year. Many buyers are deman...
03 Jul, 2025, 12.23 PM IST
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. ...
27 May, 2025, 05.20 PM IST
Once a darling just six months ago, Xiaomi's EV SU7 faces backlash from customers following a deadly crash; orders slump 55% in April; CEO Lei Jun appears cluelessXiaomi SU7 electric car is facing a sudden drop in orders as concerns rise over safety and misleading advertising. Once a major EV contende...
14 May, 2025, 10.36 PM IST
China's Xiaomi raises $5.5 billion in share sale as EV plans ramped upThe company sold 800 million shares at HK$53.25 each, it said in a statement to the Hong Kong Stock Exchange. The world's third-largest sma...
25 Mar, 2025, 12.56 PM IST
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...
25 Mar, 2025, 12.47 AM IST
Xiaomi shares pricing ‘near-perfect execution’ after 300% rallyXiaomi's stock has surged 340% in a year, making it one of China’s most expensive tech stocks. Investors await its earnings and the launch ...
14 Mar, 2025, 04.25 PM IST
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...
10 Dec, 2024, 01.11 PM IST
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 ...
23 Oct, 2024, 01.22 PM IST
Xiaomi to showcase its first electric car, the SU7 EV, in India tomorrow: ReportXiaomi will showcase its first electric car, the SU7, in India on July 9 as a market test. The car comes in two versions with different dri...
09 Jul, 2024, 04.35 PM IST
While Apple backtracks, a Chinese phone maker has raced aheadGeely Auto and BYD Co., known for knock-offs, are now innovative. Xiaomi Corp., from cheap smartphones, aims to rival Tesla. Apple cancels ...
21 May, 2024, 07.38 PM IST
Xiaomi moves ahead with Tesla-like SUV as first EV hits goalsXiaomi plans to enter the EV market with SUVs by 2025, starting with the SU7 model. The company aims to reduce reliance on smartphones, tak...
14 May, 2024, 06.42 AM IST
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in JuneXiaomi's SU7 electric sedan secured 75,723 orders by April 24, with a delivery target of over 10,000 units in June. Founder Lei Jun aims to...
25 Apr, 2024, 07.59 AM IST
Xiaomi secures lock-in orders of more than 70,000 SU7 carsXiaomi's Lei Jun and Lu Weibing celebrated over 70,000 SU7 orders, praising strong electric car sales. The company's strategic plans involv...
23 Apr, 2024, 08.19 AM IST
China's Xiaomi receives over 100,000 orders, begins deliveries of its first EVXiaomi's SU7 - short for Speed Ultra 7 - enters a crowded China EV market with an attention-grabbing price tag - under $30,000 for the base...
03 Apr, 2024, 08.50 AM IST
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 ...
12 Mar, 2024, 08.15 AM IST