Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
18 May, 2026, 07.11 AM IST
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...
16 May, 2026, 06.15 AM IST
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...
14 May, 2026, 08.43 PM IST
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...
24 Apr, 2026, 12.01 PM IST
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...
11 Apr, 2026, 08.08 AM IST
China's Xiaomi posts first quarterly profit fall in three yearsXiaomi's quarterly profit saw its first drop in three years. This happened as the company faced higher costs and tougher competition. Howev...
24 Mar, 2026, 04.21 PM IST
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...
27 Jun, 2025, 02.34 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
Why a Chinese gadget company can make an electric car and Apple can'tXiaomi's ability to succeed where Apple could not shows how thoroughly China has come to dominate the supply chain for electric vehicles. C...
01 Mar, 2025, 08.38 AM IST
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 ...
22 Nov, 2024, 01.55 AM IST
Ford's CEO ditches his own brand for this Chinese EVFord CEO Jim Farley recently surprised listeners by revealing his daily drive isn’t from his own company but a new EV from a Chinese tech b...
26 Oct, 2024, 11.29 AM IST
Xiaomi Q3 net income jumps on cost savings, revenue risesNet income jumped by 183% from a year earlier to 6 billion yuan thanks to lower component costs and efficiencies across the business, compa...
20 Nov, 2023, 06.01 PM IST
China's Xiaomi sees 4 per cent revenue dip in second quarter on shrinking phone marketXiaomi has reported a 4% drop in revenue for the second quarter, as sales in China's handset market continue to decline. Despite the revenu...
29 Aug, 2023, 04.21 PM IST
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...
29 Jul, 2022, 10.59 AM IST
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 ...
03 Sep, 2021, 09.42 PM IST
China's smartphone maker Xiaomi to invest $10 billion in electric vehiclesThe company, which is already among the biggest smartphone makers in the world, said in a filing to the Hong Kong stock exchange that it wi...
30 Mar, 2021, 06.05 PM IST
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.
30 Mar, 2021, 04.25 PM IST