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 ...

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

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, ...

Announced at the London leg of the GT World Series e-sports championship, the new deal will see players able to digitally get ...

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

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

Xiaomi's loss from its smart electric vehicles, AI and other new projects amounted to 0.5 billion yuan ($69.5 million) in the quarter ended March 31, with its EV business revenue reaching 18.1 ...

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 ...