Xiaomi
Chinese cities vie for Xiaomi's car business, hoping it will be next Nio
Nio China is headquartered in Hefei, the hometown of founder William Li and a city that saved the company from a funding crisis last year and has received a huge return on its investment as a result.
Xiaomi affiliate's move raises speculation that its auto business could adopt battery swap model
Battery swap was questionable as a huge investment model a few years ago, but with encouragement from the Chinese government, more and more players are adopting it.
Xiaomi hiring for multiple self-driving positions
Xiaomi is hiring for a number of self-driving-related positions, hinting that the smartphone giant may locate its R&D center in Beijing.
Xiaomi chairman visits Great Wall Motor, renewing speculation of partnership
Lei Jun, chairman of Chinese smartphone giant Xiaomi, visited the research and development center of carmaker Great Wall Motor.
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.