Xiaomi, led by Lei Jun, has successfully entered the EV market, contrasting Apple's failed attempt. Capitalizing on China's ...

China's Xiaomi will only consider selling cars outside China from 2027, Lei Jun, CEO of the smartphone turned electric vehicle maker, said during a livestream on Wednesday. The company has to focus on ...

Among them is the Xiaomi Pad 7S Pro, which uses the Xring O1 chip, the first SoC developed in-house by Xiaomi. While Xiaomi hasn't revealed the prices for the YU7, Lei Jun said it would not be cheap.

Other unknown Hong Kong companies have made similar pivots to take advantage of hot sectors over the years, often through M&A ...

Related News G Sachs Lists 'CN Prominent 10', Incl. TENCENT & BABA-W Lei also revealed that Xiaomi Auto's plant is highly automated, in which the vast majority of processes are completed by machines.

Xiaomi's CEO Lei Jun said on Monday that the firm plans to hold an official launch event for its new YU7 electric sports utility vehicle on Thursday, where it is expected to announce pricing and start ...

2. Xiaomi’s EV unit to become profitable this year, CEO Lei Jun says Chinese smartphone maker Xiaomi will start making money from its electric-vehicle (EV) venture by the end of this year ...

In July 2024, Xiaomi founder, chairman, and CEO Lei Jun confirmed a production version of the SU7 Ultra was in the works and would arrive in the first half of 2025.

Gran Turismo series developer Polyphony Digital has partnered with Chinese electronics giant Xiaomi to bring the latter’s SU7 Ultra to the driving simulator game, making the electric sedan the first ...

In a translated post on Weibo, Xiaomi founder, chairman, and CEO Lei Jun noted that the car used in the video was piloted by Vincent Radermecker and used the optional “professional track package.” ...