Currently, Xiaomi manufactures its cars in a single factory located in Beijing, where mass production began in March 2024.

The Chinese electric vehicle industry is having a moment right now, as leading automakers reveal new technologies and deals ...

Tesla's competitors in China disclosed a slew of updates on Tuesday, once again signaling that competition on the mainland is ...

Management changes, rising competition, and leadership gaps are driving risks for Lotus Technology. Click here to find out ...

Xiaomi Corp. has delivered 200,000 electric vehicles in just 119 days, marking a new milestone in China's fast-growing EV sector. The company announced the achievement Tuesday, alongside a revised ...

The company reported a 48.8 per cent rise in fourth-quarter revenue to 109 billion yuan ($15.1 billion), beating the 103.94 billion yuan average of 17 analyst estimates compiled by LSEG ...

STORY: China's Xiaomi beat analyst forecasts in the fourth quarter.It reported Tuesday (March 18) a near 50% jump in revenue to more than $15 billion for the period.The company also raised its target ...

Xiaomi announces a significant 35 per cent surge in annual revenue, driven by robust smartphone sales and advancements in the electric vehicle market, including the successful launch of the SU7 sedan.

Tesla has already started offering 0% APR on loans for the new Model Y in China, showing a clear sign of weak demand. We recently reported that Tesla is under increased pressure from competition in ...

The Beijing-based company said Tuesday that fourth-quarter net profit rose 90% from a year earlier to 9.00 billion yuan, equivalent to $1.24 billion. After adjusting for share-based compensation and ...