Xiaomi

Xiaomi HAD Enhanced Edition builds upon the 10 million clips version by introducing reinforcement learning and world model capabilities.

Xiaomi has reached the production of its 500,000th vehicle, marking a milestone for the smartphone giant's EV business.

This could be seen as Xiaomi EV achieving its first quarterly profit, as the EV business contributed 97.6 percent of Xiaomi's innovative business revenue.

The enhanced version of Xiaomi HAD will be released at the upcoming Guangzhou auto show, with a presentation starting at 9:00 am Beijing time on November 21.

A potential new SU7 facelift release is finally arriving in the next couple of months, Goldman Sachs said.

Delivery wait times for the SU7 Pro and SU7 Max have been reduced to 6-9 weeks, significantly lower than the previous estimate of about 30 weeks.

From January to October, Xiaomi EV has delivered 315,376 vehicles, nearing its full-year target of 350,000 units.

This marks the second consecutive month Xiaomi EV deliveries have exceeded the 40,000-unit mark.

The new team, led directly by Xiaomi's founder, is responsible for setting the technical direction for its next-generation EV technology architecture.

Lei ranks fifth on Hurun's latest China Rich List with a fortune of RMB 326 billion ($46 billion), marking the largest wealth increase among entrepreneurs on this year's list.