Xiaomi
BYD's advice to Xiaomi on building cars: Don't waste money, more importantly, time
"The point is that the three years you are prepared to invest cannot be bought with money. Losing RMB 5 billion may not be a big deal if the strategy is going in the wrong direction, but losing three years of time is significant."
Xiaomi taps Geely exec for RMB 1 billion, but rejected, report says
Xiaomi has tried to poach Hu Zhengnan, director of the automaker Geely Research Institute, with a salary of up to RMB 1 billion ($156.37 million), including equity incentives.
Xiaomi registers multiple car-related trademarks
On April 6, Xiaomi CEO Lei Jun launched a poll on Weibo asking fans whether the Xiaomi car business should use the Xiaomi brand. The vast majority of participants chose to use the brand.
Xiaomi president says car building hasn't started yet, decision was announced to get better resources
Xiaomi's car seems to be a little further away from hitting the road than expected.
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.