Lei’s bet now seems like it might pay off. At a Tuesday event in Beijing, the Xiaomi CEO suggested that the company’s EV ...

Xiaomi Corp. founder Lei Jun expects its year-old EV business to turn profitable in the second half, a milestone for the ...

Chinese smartphone maker and EV entrant Xiaomi Corp expects its electric vehicle division to turn profitable in the second ...

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

In recent weeks, China's tech ecosystem has been rattled by the revival of a decade-long rivalry between two industry ...

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

Smart EV unit recorded 4.3 billion yuan of gross profit last quarter, trailing operating expenses by 500 million yuan, ...

Chinese regulators summon BYD and top EV makers over unsustainable price wars and supply chain risks. Authorities warn ...

Xiaomi published the first-quarter financial results, showing record revenue, but its vehicle division has yet to break amid ...

Xiaomi (XIACF) expects its electric vehicle (EV) business to turn profitable in the second half of 2025. The Chinese smartphone giant and EV maker’s founder, Chairman, and CEO Lei Jun provided this ...

Xiaomi Corp. reported better-than-expected revenue in the March quarter as it moves to aggressively expand its presence in ...

Xiaomi CEO Lei Jun said that the YU7 crossover will not be cheap, although it will still undercut the Tesla Model Y in price ...