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, ...

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

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

Xiaomi's innovations, especially its leap in AI, chips, and EVs, and growth potential position it as a key tech player. Click ...

Xiaomi EV has launched its first all-electric SUV, the Xiaomi YU7, expanding the company’s automotive portfolio.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Xiaomi generated sales of the equivalent of 2.2 billion euros with its electric car business, an increase of eleven per cent ...