Xiaomi purchases $116 million site in Beijing to expand EV production
4 months, 3 weeks ago

Xiaomi purchases $116 million site in Beijing to expand EV production

Hindustan Times  

Chinese tech company Xiaomi Corp. has purchased a plot of land in Beijing for 842 million yuan to expand electric car production following the early success of its debut sedan. The land was bought by Xiaomi subsidiary Xiaomi Jingxi Technology Ltd. and will be used for the “development of the high-end automobile and new energy intelligent vehicle industry,” the filing said. Xiaomi entered the auto market in March with its base model SU7 costing 215,900 yuan — the first step in Chief Executive Officer Lei Jun’s $10 billion plan to become a major force in the EV market. Beijing phased out national subsidies for EV purchases in 2022, and slowing demand has seen several EV makers including WM Motor Technology Group and the premium HiPhi brand from Human Horizons Shanghai Internet Technology Co. Ltd. go bankrupt or suspend production.

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History of this topic

Xiaomi's stocks jumped a record 103%, latest push powered by its latest EV ventures
1 week, 4 days ago

Xiaomi's stocks jumped a record 103%, latest push powered by its latest EV ventures

Firstpost  

The company’s rapid success in the EV market mirrors its meteoric rise in the smartphone industry. Now, the company’s EV business is following a similar trajectory China’s EV market, the largest globally, is expected to see sales surpass 11 million units this year. From smartphones to EVs: A winning formula The company’s rapid success in the EV market mirrors its …

Phone Maker Xiaomi Made the Car That Apple Couldn’t
54 years, 11 months ago

Phone Maker Xiaomi Made the Car That Apple Couldn’t

Wired  

You more than likely know Xiaomi, so-called Apple of China, as a maker of smartphones that offer a decent alternative to Samsung. Ford CEO Jim Farley recently admitted to driving a Xiaomi car in the US, and after six months he didn’t want to give it back. That is an industry juggernaut, and a consumer brand that is much stronger …

Xiaomi surges demand to raise EV delivery goals once again: Report
1 month ago

Xiaomi surges demand to raise EV delivery goals once again: Report

India TV News  

Xiaomi has raised its electric vehicle delivery target for the third time this year, now aiming for 130,000 units. In October they grew by 56.7 per cent from the prior year, marking the fourth consecutive month battery-powered autos including plug-ins outsold gasoline cars in the country. AUTO BUSINESS STILL OPERATING AT A LOSS Revenue was 92.5 billion yuan for the …

Xiaomi has sold over 1 lakh SU7 cars in less than one year
1 month ago

Xiaomi has sold over 1 lakh SU7 cars in less than one year

India Today  

Xioami, the Chinese smartphone brand, stepped into the electric automobile business last year. He also posted on Weibo, a Chinese microblogging site, “Xiaomi SU7 deliveries have exceeded 1,00,000 units, and we have achieved our full-year target ahead of schedule.” After looking at the sales count, Lei added that Xiaomi will challenge a new target of 130,000 units delivered for the …

Chinese Tech Giants Dominate the Electric Vehicle Market
1 month, 4 weeks ago

Chinese Tech Giants Dominate the Electric Vehicle Market

Live Mint  

Chinese tech giants are making a big push into the electric vehicle (EV) market, with several companies like Baidu, Huawei, Xiaomi, and Apple investing heavily in the industry. These tech firms have been able to leverage their expertise in software, AI, and automation to create smart and efficient EVs that are often more advanced than their Western counterparts. However, the …

Xiaomi gears up to lift SU7 EV deliveries
5 months ago

Xiaomi gears up to lift SU7 EV deliveries

China Daily  

Lei Jun, chairman of Xiaomi, unveiled the company's latest car SU7 Ultra in Beijing in July. Xiaomi Corp plans to deliver at least 100,000 units of its SU7 electric vehicles this year, with a goal to sell 120,000 units in total, according to its chairman Lei Jun. Analysts said this shows the company's confidence in its burgeoning car business, though …

Beijing E-town welcomes a new lithium-ion battery factory
6 months ago

Beijing E-town welcomes a new lithium-ion battery factory

China Daily  

The Beijing Economic-Technological Development Area has gathered a group of leading vehicle manufacturers, including Beijing Benz and Xiaomi Auto. "The Beijing Economic-Technological Development Area has gathered a group of leading new energy vehicle manufacturers, holding enormous market potential," said the company. The high-end and new energy automobile industry in Beijing E-town has an annual output value exceeding 200 billion yuan, …

Cellphone maker Xiaomi has EV market buzzing
7 months ago

Cellphone maker Xiaomi has EV market buzzing

China Daily  

Chinese EV maker Nio's 500,000th vehicle rolls off the production line in Hefei, Anhui province, on May 9. Another showed a vehicle in Hunan province suffering brake failure after one month's use, which Xiaomi put down to a rare "software misdirection" that had been solved. Despite this, Lei gave little information about the performance areas where the model was said …

Cellphone maker Xiaomi has EV market buzzing
7 months ago

Cellphone maker Xiaomi has EV market buzzing

China Daily  

Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April. CHINA DAILY As the newest Chinese electric vehicle maker, Xiaomi Corp has generated a buzz rarely seen in the history of the country's automotive sector, with both huge excitement and some controversy. The model is the first vehicle from any big phone manufacturer — Apple has …

Cellphone maker Xiaomi has EV market buzzing
7 months ago

Cellphone maker Xiaomi has EV market buzzing

China Daily  

Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April. CHINA DAILY As the newest Chinese electric vehicle maker, Xiaomi Corp has generated a buzz rarely seen in the history of the country's automotive sector, with both huge excitement and some controversy. The model is the first vehicle from any big phone manufacturer — Apple has …

Cellphone maker Xiaomi has EV market buzzing
7 months ago

Cellphone maker Xiaomi has EV market buzzing

China Daily  

Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April. CHINA DAILY As the newest Chinese electric vehicle maker, Xiaomi Corp has generated a buzz rarely seen in the history of the country's automotive sector, with both huge excitement and some controversy. The model is the first vehicle from any big phone manufacturer — Apple has …

Cellphone maker Xiaomi has EV market buzzing
7 months ago

Cellphone maker Xiaomi has EV market buzzing

China Daily  

Visitors look at a Mercedes-Benz at the 2024 Beijing International Automotive Exhibition in April. CHINA DAILY As the newest Chinese electric vehicle maker, Xiaomi Corp has generated a buzz rarely seen in the history of the country's automotive sector, with both huge excitement and some controversy. The model is the first vehicle from any big phone manufacturer — Apple has …

Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization
7 months, 4 weeks ago

Competition-fueled Chinese EV boom to benefit world market, speed up decarbonization

China Daily  

Xiaomi CEO Lei Jun speaks during a news conference at the 2024 Beijing International Automotive Exhibition in Beijing, on April 25. Price cuts across various brands after Xiaomi's launch, from the Huawei Aito M7 to the 2024 Xpeng G9, demonstrate the dynamic nature of China's EV market. However, the fierce competition in China's new energy vehicle market, including price wars …

Xiaomi EV delivery center in Longwan welcomes crowds with official launch of SU7
8 months, 2 weeks ago

Xiaomi EV delivery center in Longwan welcomes crowds with official launch of SU7

China Daily  

An SU7 is seen at the Xiaomi EV Delivery Center in Longwan district, Wenzhou. As Xiaomi, a popular Chinese smartphone brand, launched its first electric vehicle – the Speed Ultra 7 on March 28, the Xiaomi EV Delivery Center in Longwan district, Wenzhou, one of the 29 such centers across China, has received waves of customers coming for test drives, …

Xiaomi SU7 heats up EV segment
8 months, 3 weeks ago

Xiaomi SU7 heats up EV segment

China Daily  

Lei Jun, founder and CEO of Xiaomi, unveils the company's first electric car in Beijing on Thursday. CHINA DAILY The official launch of Xiaomi Corp's much-anticipated first electric vehicle will intensify competition in the crowded Chinese EV market and inject new vitality into the EV sedan segment, experts said on Friday. Roy Lu, a Shanghai-based automotive analyst, said Xiaomi's entry …

Xiaomi enters cutthroat EV race With the SU7 series
8 months, 3 weeks ago

Xiaomi enters cutthroat EV race With the SU7 series

Live Mint  

Xiaomi Corp. is kicking off sales of its first electric vehicles with aggressive pricing, betting the Chinese smartphone maker can succeed in a cutthroat market where Apple Inc. faltered. Xiaomi benchmarked itself against Tesla Inc.’s Model 3 in most respects and sought to match the electric Porsche Taycan with its top-performance edition, Lei said. “I didn’t expect Apple to quit,” …

China's Xiaomi releases its first self-developed NEV
8 months, 3 weeks ago

China's Xiaomi releases its first self-developed NEV

China Daily  

The SU7, produced by Chinese tech company Xiaomi Corp, is displayed at the Mobile World Congress 2024 in Barcelona, Spain. BEIJING - Chinese tech firm Xiaomi on Thursday night released its first self-developed new energy vehicle model SU7. Lei Jun, founder and CEO of Xiaomi, said at the launch event that the tech firm has achieved technological breakthroughs in key …

China’s latest EV is a ‘connected’ car from smart phone and electronics maker Xiaomi
8 months, 3 weeks ago

China’s latest EV is a ‘connected’ car from smart phone and electronics maker Xiaomi

Associated Press  

BEIJING — Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country’s booming but crowded market for electric cars with a sporty high-tech sedan. “There’s still a long way to go for our car to become a Porsche,” he said, but that if Xiaomi keeps striving for five to 10 years, “we will eventually surpass Porsche …

China's Xiaomi to enter cut-throat EV market for the first time
8 months, 3 weeks ago

China's Xiaomi to enter cut-throat EV market for the first time

New Indian Express  

BEIJING: Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world's largest car market. China's EV sector has grown rapidly in recent years -- propelled by purchasing subsidies that were discontinued in late 2022 -- and dozens of domestic automakers are engaged in …

Xiaomi's SU7 electric car is coming soon at this price: ‘Faster than a Tesla’
8 months, 4 weeks ago

Xiaomi's SU7 electric car is coming soon at this price: ‘Faster than a Tesla’

Hindustan Times  

Chinese electronics maker Xiaomi is preparing for orders this week. Xiaomi's CEO said that the firm's first electric vehicle will be priced below 500,000 yuan marking the first time that the company has confirmed the upper end of the price range for its car- SU7. Visitors film around Xiaomi's first electric vehicle, the SU7, displayed at an event in Beijing, …

Xiaomi SU7: Xiaomi to start deliveries of its first EV model
9 months, 1 week ago

Xiaomi SU7: Xiaomi to start deliveries of its first EV model

The Hindu  

China's Xiaomi said on Tuesday it will start deliveries of its first electric vehicle model SU7 this month, venturing into the world's largest auto market amid a brutal price war. This year has seen a round of deeper price cuts led by market leader BYD to woo consumers amid weakening domestic demand. At the unveiling of the Speed Ultra 7 …

How the EV Transition Is Reshaping the Global Auto Industry
9 months, 3 weeks ago

How the EV Transition Is Reshaping the Global Auto Industry

Bloomberg  

The biggest transformation of the auto industry in a century is underway, as governments offer massive subsidies to speed up the shift to electric vehicles. This combination could mean big losses for Western automakers and endanger ambitious goals for reducing the greenhouse gas emissions that come from road transportation. Chinese companies have succeeded in taking domestic market share from former …

Xiaomi Unveils Maiden Electric Car. Here's Everything You Need To Know About Its Performance
9 months, 3 weeks ago

Xiaomi Unveils Maiden Electric Car. Here's Everything You Need To Know About Its Performance

ABP News  

Making its grand debut at the Mobile World Congress in Barcelona, Chinese smartphone maker Xiaomi showcased its first electric vehicle, the SU7. Xiaomi proudly asserts that the SU7 is equipped with the company's proprietary electric motors, promising an impressive acceleration from 0 to 60 mph in a mere 2.78 seconds. Moreover, Xiaomi hints at future enhancements, indicating that the platform …

China's Tesla killer? Phone maker Xiaomi unveils first electric car
11 months, 3 weeks ago

China's Tesla killer? Phone maker Xiaomi unveils first electric car

Daily Mail  

China's Xiaomi announced its first electric vehicle Thursday, predicting it is the first step toward overtaking Tesla. The Chinese-made vehicle will also feature self-driving, an entertainment system that is fully compatible with Xiaomi's smartphones, and blistering acceleration that will take it from 0 to 62 miles per hour in 2.78 seconds. Lei said that he expects Xiaomi's cars to rival …

Chinese smartphone giant Xiaomi unveils first electric car
11 months, 3 weeks ago

Chinese smartphone giant Xiaomi unveils first electric car

The Hindu  

Chinese consumer electronics giant Xiaomi unveiled its first electric car model on Thursday, with its boss declaring ambitions of becoming a global automotive powerhouse despite fierce competition at home. In 2021, the company announced its intended foray into electric vehicles, joining a trend that has seen several major Chinese tech companies pivot towards the highly competitive sector. The SU7's batteries …

Smartphone maker Xiaomi unveils its first electric vehicle
11 months, 3 weeks ago

Smartphone maker Xiaomi unveils its first electric vehicle

Live Mint  

Chinese smartphone maker Xiaomi unveiled its first electric vehicle on Thursday and announced that it aims to become one of the world's top five automakers. In 2021, Beijing-based Xiaomi, the world's fourth-largest smartphone manufacturer, announced its plans to enter the electric vehicle space—a fiercely competitive sector. Some of the sedan’s interesting features include a range of up to 800 kilometres …

Xiaomi unveils its first electric vehicle. First look, features here
11 months, 3 weeks ago

Xiaomi unveils its first electric vehicle. First look, features here

Hindustan Times  

During Xiaomi's EV technology launch event on Thursday in Beijing, China, Chinese smartphone maker unveiled its long-awaited first electric vehicle. Five core technologies of Xiaomi EV SU7 The five core technologies in EVs are E-Motors, battery, HyperCasting, autonomous driving, and smart cabin. • Xiaomi developed CTB technology, integrating the battery into the vehicle body, improving structure rigidity, eliminating the floor, …

Why did Chinese smartphone giant Xiaomi fire its three employees?
1 year ago

Why did Chinese smartphone giant Xiaomi fire its three employees?

Hindustan Times  

Xiaomi Corp, the Chinese smartphone manufacturer, has reportedly terminated three employees for “spreading rumours” about Xiaomi's car venture. Xiaomi unveiled its debut car, the Xiaomi SU7, in filings submitted to China's Ministry of Industry and Information Technology. In November, Xiaomi was observed advertising numerous job openings for auto sales, including roles like new energy vehicle sales manager and Xiaomi car …

Tesla sues Xiaomi-backed EV tech maker for stealing their tech secrets, unfair competition disputes
1 year, 3 months ago

Tesla sues Xiaomi-backed EV tech maker for stealing their tech secrets, unfair competition disputes

Firstpost  

Tesla is suing a major Chinese EV component manufacturer that is backed by Xiaomi, for stealing a secret EV from them. Chinese companies have a reputation for not honouring international copyright laws and treaties Tesla has reportedly filed a lawsuit against a Chinese firm called Bingling Intelligent Technology, alleging infringement of tech secrets and unfair competition, as per Reuters. Xiaomi …

Xiaomi to manufacture audio products in India now: Know more
1 year, 6 months ago

Xiaomi to manufacture audio products in India now: Know more

India TV News  

Xiaomi India has announced a strategic partnership with Optiemus Electronics Limited to bolster its "Make in India" initiative and expand its presence in the country's electronics industry. By leveraging the manufacturing expertise of Optiemus Electronics, Xiaomi aims to strengthen its foothold in India while contributing to economic growth and creating employment opportunities. With a focus on innovation accessible to all, …

Xiaomi posts 20% revenue fall, hurt by China COVID-19 curbs
2 years, 4 months ago

Xiaomi posts 20% revenue fall, hurt by China COVID-19 curbs

The Hindu  

Chinese smartphone maker Xiaomi Corp. posted a steep drop in second quarter revenue on Friday as the world's biggest smartphone market shrank, hit by strict COVID restrictions. Sales fell 20% year on year to 70.17 billion yuan, missing estimates and marking a steeper decline from the previous quarter, when the company posted its first-ever revenue drop since listing. Data this …

Xiaomi's open car plant in Beijing to produce 3 lakh electric vehicles every year
3 years ago

Xiaomi's open car plant in Beijing to produce 3 lakh electric vehicles every year

India Today  

Xiaomi's open car plant in China will have the capacity to produce 300,000 electric vehicles every year, authorities in the capital said on Saturday. The smartphone maker will also build its auto unit's headquarters, sales, and research offices in the Beijing Economic and Technological Development Zone, the government-backed economic development agency Beijing E-Town said on its official WeChat account. Xiaomi …

Xiaomi's 1st EV on track for 2024 launch
3 years ago

Xiaomi's 1st EV on track for 2024 launch

India Today  

Xiaomi is well on track to launch its first electric vehicle in the first half of 2024. Even though the report doesn't reveal much about the EV project, it suggests that Xiaomi is on track to meet its launch timelime. Xiaomi's first electric car can enter mass production in the first half of 2023 and be announced in the first …

Xiaomi plans to make electric cars, new business unit formed
3 years, 3 months ago

Xiaomi plans to make electric cars, new business unit formed

India Today  

Xiaomi had announced its entry into the electric vehicle business back in March this year. At the time, Xiaomi chief Lei Jun had shared very little details on the endeavour, except for how he had always wished to pursue electric vehicles. Around half a year since the announcement, the company has finally registered its EV vertical as Xiaomi EV and …

Smartphone maker Xiaomi to make electric vehicles
3 years, 8 months ago

Smartphone maker Xiaomi to make electric vehicles

Live Mint  

China's Xiaomi Corp plans to make electric vehicles using Great Wall Motor Co Ltd's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race. Xiaomi, one of the world's biggest smartphone makers, is in talks to use one of Great Wall's plants in China to make EVs under …

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