Xiaomi
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Xiaomi's EV business expected to turn profitable in H2 2025, founder says
Xiaomi EV is poised to become the fastest to achieve profitability among China's new automotive brands.
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Xiaomi, Huawei clash extends from smartphones to EVs
Huawei's Richard Yu hinted that Xiaomi's EVs are not as good as the cars from brands backed by Huawei, but they're getting high sales.
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Xiaomi EV delivers over 28,000 cars in May
This marks the eighth consecutive month that Xiaomi EV has seen monthly deliveries exceed 20,000 units.
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China May EV sales preview: Deutsche Bank expects Nio at 27,000, Tesla 39,000, BYD 390,000
Nio Inc's deliveries in May are expected to be up 31 percent year-on-year and up 13 percent sequentially.
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Xiaomi YU7 show cars to be available in 92 cities in China in Jun
On May 29, the YU7 will be available in 13 stores in Beijing, Xiaomi EV said.
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BYD, Xiaomi overtake Tesla as top EV brand choices in China, says UBS
"In China, we see intense competition and Tesla is no longer seen as the technology leader."
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Xiaomi SU7 Ultra's cumulative locked-in orders exceed 23,000 units
This means that the Xiaomi SU7 Ultra has seen a net increase of around 13,000 units in locked-in orders over the past roughly three months.
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Xiaomi's EV business brings in $2.5 billion in revenue in Q1, up 11% from Q4
Xiaomi's innovative businesses, which include EV and AI, posted a gross margin of 23.2 percent in the first quarter, up from 20.4 percent in the fourth quarter last year.
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China EV insurance registrations for week ending May 25: Nio 3,840, Tesla 11,000, Xiaomi 6,800
Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw 6,530 insurance registrations in China last week, a 1.80 percent decrease from the previous week.
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Xiaomi to showcase YU7 SUV at Shenzhen auto show starting May 31
Xiaomi will showcase the YU7 at the Shenzhen auto show starting this weekend, which will mark the debut of its first SUV model at an auto show.
