Chinese electronics giant Xiaomi is projecting a turnaround in its electric vehicle (EV) division, with profitability ...

China's Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the ...

The company is pushing ahead with its EV expansion despite sector-wide pricing pressure, aiming to launch its second model, ...

When Xiaomi unveiled its electric car to much fanfare in late 2023, CEO Lei Jun called the project his last entrepreneurial ...

Xiaomi set out ambitious targets at its Investor Day, with plans to expand, boost investment in artificial intelligence, and turn a profit in its electric vehicle business by the second half of next ...

Plus, dealerships are begging automakers to stop sending them EVs, and the waitlist for the Xiaomi SU7 is nearly a year long.

Electric carmakers Leapmotor and Aito report record high deliveries in May, while other startups struggle to play catch-up as ...

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Tesla’s contraction in China has nothing to do with its founder Elon Musk’s politics. It’s a result of Tesla’s failure to ...