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Monday 31 March 2025
From smartphones to smart mobility: Xiaomi's bold EV transformation takes flight
Xiaomi made a strong entry into the electric vehicle (EV) market in 2024, selling 136,800 units of its debut model, the SU7. Founder Jun Lei has set an ambitious target of reaching...
Wednesday 26 March 2025
Xiaomi sets sights on Europe with EV R&D hub, recruits BMW veterans
Xiaomi plans to set up a dedicated electric vehicle (EV) research and development center in Europe, marking a key milestone in its global expansion strategy. The announcement follows...
Wednesday 19 March 2025
Xiaomi's EV launch drives 49% revenue growth, raises 2025 production target
Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery...
Tuesday 18 March 2025
Tesla offers free one-month FSD trial in China amid market woes
With competitive pressure increasing in the Chinese market, compounded by various unfavorable factors globally, Tesla China announced on March 17 that it will offer a one-month free...
Saturday 8 March 2025
How Xiaomi outperforms Tesla in EV resale market
The intense price competition among Chinese new energy vehicles has forced many automakers to adopt discounting as a survival strategy. Despite this challenging environment, Xiaomi...
Friday 7 March 2025
Xiaomi Auto gains foothold in China, eyes overseas expansion in 2027
At MWC 2025, Xiaomi Group president Lu Weibing revealed that Xiaomi Auto has now established a firm foothold in the Chinese electric vehicle (EV) market, with plans to expand overseas...
Tuesday 4 March 2025
Xiaomi SU7 Ultra secures 10,000 orders in 3 days, hits annual sales target
Xiaomi's latest electric vehicle (EV), the SU7 Ultra, has exceeded expectations, hitting over 10,000 locked orders in less than three days since its launch on February 27. According...
Thursday 23 January 2025
Xiaomi and BYD challenge Tesla's dominance in China
Xiaomi recently announced that the Xiaomi SU7 had surpassed the Tesla Model 3 in terms of vehicle deliveries in December 2024, thereby achieving a position among the top 5 in China's...
Thursday 2 January 2025
China tech giants outline ambitious targets for 2025
Major Chinese technology companies have unveiled their strategic goals for 2025, with plans spanning from electric vehicle sales to artificial intelligence innovations. Tech giants...
Monday 30 December 2024
Xiaomi opens its first store in Singapore, targets home appliance market expansion in Southeast Asia
Xiaomi has inaugurated its first store in Singapore, marking a strategic move to enhance its presence in the Southeast Asian market, with a particular focus on home appliances. The...
Friday 15 November 2024
Xiaomi's smart factory claims to reach 100,000-unit production milestone in record time
In a milestone achievement for Xiaomi's automotive division, the company's 100,000th SU7 electric vehicle rolled off the production line on November 13. CEO Jun Lei commemorated the...
Monday 4 November 2024
Xiaomi SU7 Ultra challenges Porsche, may intensify Volkswagen's struggles
Xiaomi recently launched the luxury all-electric sports car model SU7 Ultra, priced at approximately US$114,000. The company claims that the SU7 Ultra will become the world's fastest...
Wednesday 21 August 2024
Xiaomi 2Q24 financial statement to be released as automotive, mobile endeavors draw attention
Xiaomi's financial statement for the second quarter of 2024 is expected to be released on August 21.
Monday 15 July 2024
Xiaomi profits in India fall by 77% amid fresh 10-year plan
Xiaomi's India business faced a significant setback in the 2023 fiscal year, with both revenue and net profit experiencing steep declines. The company is now pinning its hopes on...
Tuesday 23 April 2024
Beijing auto show to return this week
The Beijing International Automotive Exhibition will return this week following a four-year hiatus due to the COVID-19 pandemic, with major car vendors and startups all raring to...