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XIAOMI EV PLANS
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...- Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
- 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...
- 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 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 ...
- 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 showcases SU7 electric sedan in India, no word on launch dateCelebrating its 10th anniversary, Xiaomi unveiled the SU7 electric car and launched Redmi 13 5G and Redmi Buds 5C. Priced under USD 30,000 ...
- 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...
- 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...
- 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...
- 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...
- With China EV launch, Xiaomi's 'Thor' takes on Elon MuskXiaomi's Lei Jun challenges Tesla with the SU7 car, inspired by Musk's strategy. Dubbed "Thor," Lei's marketing approach draws attention si...
- 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 to reveal its electric vehicle tech on December 28Xiaomi plans to launch its first electric car by the first half of 2024. Earlier this year, the company had also conducted a test of its EV...
- 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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