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XIAOMI ELECTRIC SUV
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...- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- 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...
- Xiaomi begins pre-orders for spruced up version of SU7 sedan, stresses safety featuresXiaomi has opened pre-orders for an upgraded version of its best-selling SU7 electric sedan, aiming to revive momentum in China’s intensely...
- When Xiomi CEO got three Teslas, not to drive but to tear them apartXiaomi CEO Lei Jun revealed his company bought and disassembled three Tesla Model Ys to engineer their rival SU7. This exhaustive reverse-e...
- Tesla's China-made EV sales drop on year in August, but jump on monthTesla's China sales experienced a slight dip in August, down 4% year-over-year, while overall deliveries from its Shanghai factory, includi...
- Xiaomi to take on Tesla & BYD in Europe with EV foray in 2027Xiaomi has previously described ambitions to go global, though it's never specified a target market. Europe is a common destination for Chi...
- China's Xiaomi receives almost 300,000 SUV pre-orders in minutesChinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility vehicles in what the co...
- Xiaomi launches YU7 priced from 253,500 yuan, challenging Tesla's Model YXiaomi has priced its new electric YU7 SUV aggressively, undercutting Tesla's Model Y by 10,000 yuan in China. The YU7 base model starts at...
- 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. ...
- China's Xiaomi to invest almost $28 billion in core technology R&D over next five yearsXiaomi plans to invest 200 billion yuan ($27.8 billion) in core tech R&D over five years, CEO Lei Jun announced in Beijing. The move coinci...
- 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 founder touts new Chinese chip to rival Apple siliconXiaomi's founder, Lei Jun, unveiled plans to equip high-end devices with advanced, homegrown mobile processors, signaling a push to rival t...
- China's Xiaomi founder expects new electric SUV to hit market in JulyXiaomi's founder and CEO, Lei Jun, announced the upcoming launch of their new electric SUV, the YU7, slated for July. Positioned as a rival...
- 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 ...
- Tesla launches redesigned Model Y in China, seeking to fend off rivalsTesla has launched a revamped Model Y in China with a new exterior, upgraded interior features, and improved range. Priced from 263,500 yua...
- Xiaomi SU7: This Chinese SUV has the whole auto world talking about it and it has smashed sales targets; here's why it has become a runaway hit and has Tesla worriedXiaomi, often seen as a competitor to Apple, is making significant strides in the electric vehicle (EV) market with its SU7 model. The SU7 ...
- 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 ...
- 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's EV buyers face up to seven-month waitThe SU7, whose design has drawn comparisons with Porsche's Taycan and Panamera sports car models, has been launched amid a cut-throat price...
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