Xiaomi
Xiaomi founder Lei Jun’s HK$100 million share purchase sparks stock rebound
[ad_1] [HONG KONG] Xiaomi founder Lei Jun’s purchase of about HK$100 million (S$16.8 million) worth of company stock may help bolster sentiment in the smartphone maker after shares tumbled more...
Xiaomi rides fan base to EV profitability faster than Tesla
[ad_1] China’s mature EV supply chain helps Xiaomi to reach scale without needing heavy capital[BEIJING] Xiaomi parlayed its popularity with an existing customer base to rake in orders for its...
Xiaomi reports 81% jump in third-quarter profit on strong EV sales
[ad_1] Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan[BEIJING] China’s Xiaomi reported a 80.9 per cent jump in third-quarter profit on...
Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns
[ad_1] The company has not publicly acknowledged that the accidents involved its electric vehicles[BEIJING] Shares of Chinese electric vehicle (EV) maker Xiaomi suffered their biggest weekly loss in more than...
Xiaomi shares tumble after reports EV crash traps person inside
[ad_1] [SHANGHAI] Xiaomi shares fell the most since April after reports that one of its SU7 electric sedan’s doors failed to open after a fiery crash in the southwest Chinese...
Xiaomi shares plunge after fatal EV crash; police suspect drunk driving
[ad_1] The company’s shares may face short-term pressure, but police citing driver error could limit losses[SHANGHAI] Xiaomi shares fell the most since April after reports that one of its SU7...
Porsche and Xiaomi face off over custom-model buyers in China
[ad_1] The German luxury-car maker and its Western peers have long enjoyed strong growth in the Asian nation, with renowned precision engineering of combustion-engine vehicles[BERLIN] Chinese automakers are already beating...
Billionaire Xiaomi founder Lei Jun debuts a US$630 answer to iPhone 17
[ad_1] Lei challenges Apple directly, shifting Xiaomi’s branding and timing to rival the US company’s best[BEIJING] Xiaomi’s billionaire co-founder unveiled a US$630 smartphone designed to take on the just-released iPhone...
Xiaomi plans Europe foray in 2027 after EV sales gain pace
[ad_1] [HONG KONG] Xiaomi intends to sell its first electric vehicle (EV) in Europe by 2027, declaring plans to take on Tesla and BYD globally after gaining traction with its...
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
[ad_1] [HONG KONG] Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist.Speaking at a triumphant launch event in Beijing...
