Lei’s bet now seems like it might pay off. At a Tuesday event in Beijing, the Xiaomi CEO suggested that the company’s EV ...

Lei Jun – the 55-year-old Chinese entrepreneur transforming Xiaomi into a technology conglomerate covering smartphones, ...

Chinese smartphone maker and EV entrant Xiaomi Corp expects its electric vehicle division to turn profitable in the second ...

Xiaomi Corp. founder Lei Jun expects its year-old EV business to turn profitable in the second half, a milestone for the ...

The CEO of Chinese smartphone maker Xiaomi has shared a 10-year plan to spend around $7 billion on designing its own chips.

Xiaomi CEO Lei Jun said that the YU7 crossover will not be cheap, although it will still undercut the Tesla Model Y in price ...

Chinese electronics giant Xiaomi is projecting a turnaround in its electric vehicle (EV) division, with profitability ...

Xiaomi unveiled its hotly anticipated YU7 electric SUV in China today, in the latest potential blow to Tesla’s position in ...

Following a fatal crash involving its SU7 sedan in March that resulted in declining orders, Xiaomi has made the decision to postpone the launch of its YU7 ...

When Xiaomi unveiled its electric car to much fanfare in late 2023, CEO Lei Jun called the project his last entrepreneurial endeavor. Fifteen months later, Lei’s bet now seems like it might pay off.