Lei’s optimism contrasts with renewed worries that China’s EV sector is about to sink into another price war.

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

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

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

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

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

The meeting was hosted by the Ministry of Industry and Information Technology, the market regulator and the top economic ...

Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address ...

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

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

Xiaomi, a company mostly known for its smartphones, is now growing fast in the electric vehicle (EV) industry. In May 2025, the company reported that ...