Xiaomi
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Xiaomi unit secures new land plot in Beijing for EV project
A subsidiary of Xiaomi has secured a new land plot for RMB 635 million ($88.39 million), which is expected to be used for the third phase of its EV factory.
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Xiaomi moves up launch of YU7 SUV from Jul to end of Jun
The YU7 will be launched at the end of June, along with a second tablet featuring Xiaomi's in-house developed Xring O1 chip.
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Xiaomi SU7 Ultra becomes fastest production EV on Nürburgring
The SU7 Ultra achieved a lap time of 7:04.957 on the Nürburgring circuit in Germany, surpassing the previous record of 7:07.55 set by the Porsche Taycan Turbo GT in September 2023.
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Xiaomi founder says YU7 pricing to be finalized 1-2 days before launch, auto chip to be released soon
The starting price of the YU7 will not be just RMB 20,000 higher than the SU7 electric sedan, Lei Jun said.
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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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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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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.









