The company's 2024 earnings, its first set of annual results as a bona fide carmaker, show that founder Lei Jun’s big EV bet is paying off. The company reported 365.9 billion Chinese yuan ($50.6 ...

A report posted on the WeChat account of domestic media outlet chinanews.com on Monday contained two photos of Nvidia founder ...

CEO Lei Jun denied the rumors and said Xiaomi would communicate the prices on June 26. There's a ceiling to how much it can ask for the YU7, which is the starting price of the Tesla Model Y.

Lei Jun, co-founder and CEO of Xiaomi, gives a first look at the Xiaomi YU7 SUV in Beijing on May 22. Prospects for the car, launched Thursday, have driven up Xiaomi shares.

Lei Jun, CEO of Xiaomi, speaks during the launch of Xiaomi's XRING O1 chipset, mobile phone 15S Pro and Pad 7 Ultra in Beijing on May 22, 2025. (Adek Berry—AFP via Getty Images) ...

Lei Jun, Xiaomi’s founder and chief executive, shared on his Weibo account that the YU7 launch event would also feature the introduction of the Xring O1 mobile chip and the new Xiaomi 15S Pro ...

Xiaomi on Wednesday denied a report that the launch of its highly-anticipated YU7 had been delayed and said the electric SUV would still go on the market in June or July, as CEO Lei Jun had ...

Xiaomi's CEO Lei Jun said on Monday that the firm plans to hold an official launch event for its new YU7 electric sports utility vehicle on Thursday, where it is expected to announce pricing and ...

Xiaomi Corp. founder Lei Jun expects its year-old EV business to turn profitable in the second half, a milestone for the billionaire’s $10 billion endeavor in a cut-throat market.

Tesla Inc. TSLA rival Xiaomi Corp. XIACY XIACF is exploring options to sell its vehicles overseas. What Happened: Xiaomi CEO Lei Jun shared the company's plans during a livestream, Reuters ...

Xiaomi has only been in the EV business for a year, and it's already sold 200,000 cars to Chinese drivers.

FILE PHOTO: Xiaomi founder and CEO Lei Jun speaks during an event in Beijing, China October 29, 2024. REUTERS/Tingshu Wang/File photo.