STORY: Xiaomi won’t consider selling its EVs outside China before 2027.That was according to Chief Executive Lei Jun in a ...

China's Xiaomi will only consider selling cars outside China from 2027, Lei Jun, CEO of the smartphone turned electric vehicle maker, said during a livestream on Wednesday. The company has to focus on ...

Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...

Xiaomi announced that sales of the highly-anticipated YU7 SUV will start on June 26, with over 500 units already built at its ...

The smartphone turned EV maker said it received roughly 240,000 orders for the YU7 in the first 18 hours after the car went ...

Xiaomi opened the YU7 order books with a starting price of 253,500 yuan ($35,300), just 10,000 yuan ($1,395) under the Tesla ...

Xiaomi CEO Lei Jun has set a goal for the YU7 to outsell the Tesla Model Y, the best-selling electric premium SUV, in China.

Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla’s Model Y.

Lei Jun also announced plans to invest 200 billion yuan ($28 billion) in R&D over the next 5 years. The company had previously announced a $7 billion investment to develop and enhance its mobile ...