Lei Jun Tag

16 Apr Xiaomi’s success means more trouble for battered China electric vehicle stocks

Posted at 02:41h in Asia

In stark contrast to Apple’s failed car dreams, Xiaomi and Huawei Technologies are demonstrating early success in transferring their smartphone prowess into the crowded EV market, where rampant price competition is taking a toll.Strong sales of Xiaomi’s ‘game changer’ SU7 turbocharges China’s EV price war“The...

02 Apr Chinese smartphone giant Xiaomi sees robust demand for first EV, even as buyers face delivery wait times of more than 5 months

Posted at 12:30h in Asia

Chinese smartphone giant Xiaomi is seeing continued strong demand for its first electric vehicle (EV) – the SU7, short for Speed Ultra 7 – even as potential buyers face delivery wait times of more than five months, the South China Morning Post has learned.Buyers of...

29 Mar Smartphone maker Xiaomi makes waves in crowded EV market with its keenly-priced SU7 model

Posted at 11:30h in Asia

Xiaomi has got off to a racing start in the country’s crowded electric vehicle (EV) market, after saying it sold around 50,000 vehicles within half an hour of the launch of its new model, the SU7.The Chinese smartphone and gadget maker, which has been competing...

28 Feb Chinese EV players surprised by Apple’s decision to cancel car project, with Xiaomi CEO Lei saying he remains committed

Posted at 13:30h in Asia

Lei Jun, founder and chairman of leading Chinese smartphone manufacturer Xiaomi, which unveiled its first car late last year, said in a Weibo post on Wednesday that he was “very shocked” by Apple’s withdrawal from the EV sector.The tech billionaire, who has long tried to...

Lei Jun Tag

16 Apr Xiaomi’s success means more trouble for battered China electric vehicle stocks

02 Apr Chinese smartphone giant Xiaomi sees robust demand for first EV, even as buyers face delivery wait times of more than 5 months

29 Mar Smartphone maker Xiaomi makes waves in crowded EV market with its keenly-priced SU7 model

28 Feb Chinese EV players surprised by Apple’s decision to cancel car project, with Xiaomi CEO Lei saying he remains committed

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