Xiaomi
Xiaomi says its cars will be priced in RMB 100,000-300,000 range
Xiaomi's phones are highly competitive for their strong performance at low prices, and now its fans want the company to bring that tradition to the car segment as well. The company seems inclined to heed this user suggestion.
Xiaomi applies trademark for its car business
Xiaomi announced its entry into the smart electric vehicle market on March 30, with an initial investment of RMB 10 billion and an expected investment of $10 billion over the next 10 years.
Xiaomi CEO's hometown trying to get his car project based there
For local governments, attracting a car company to their area would certainly give a significant boost to the local economy, especially if the company is also China's largest smartphone maker.
Nio learned from Xiaomi in its early days, and now the student has become the teacher
In December of last year, Xiaomi began studying the model of Chinese electric car startups, a Xiaomi executive said that Lei Jun, the founder of Xiaomi, told an executive, "You guys go study Nio."
Analysts expect Xiaomi cars to target price range below $30,525
The analysts said Xiaomi has strong supply chain management and cost control capabilities and will launch a very cost-effective model.
Xpeng CEO welcomes Xiaomi as a peer
Xpeng Motors CEO He Xiaopeng took to Weibo on March 31 to welcome Xiaomi as a peer, after the smartphone giant officially announced its entry into China's increasingly crowded car-making industry.
Xiaomi's car to launch in 3 years at the earliest, says founder
Xiaomi's car business could launch a product as soon as three years from now, the Chinese smartphone giant’s founder and CEO Lei Jun said in a March 30 interview with CCTV.
Xiaomi's Lei Jun on car-making: 'This is my last venture, I will be all in'
"This is the last major venture of my life. I am willing to bet my entire reputation in life to personally lead the team for Xiaomi cars."
Xiaomi poaching talent for EV unit, once contacted a former Nio exec
A previously departed Nio executive said he was approached by the Xiaomi team after the Chinese Lunar New Year this year to talk about building cars and asked for recommendations.
Xiaomi confirms launch of electric car business, to invest $10 billion over next decade
The company's initial investment will be 10 billion yuan ($1.5 billion), with an expected investment of $10 billion over the next 10 years.
