Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.
Xiaomi secured lock-in orders of more than 70,000 SU7 cars as of Saturday, its founder Lei Jun told an investor conference on Tuesday.
Xiaomi's CEO said the company will offer more details about its production capacity and delivery plan for the SU7 vehicle at the Beijing Auto Show, according to a Weibo post on Monday.
Chinese automakers like BYD (BYDDY) and XPeng (XPEV) make electric vehicles that are far cheaper than the ones made in the USA. But they're hard to find in the US and, if politicians and domestic auto
If competition among Tesla and other electric vehicle makers was not already tough enough, Chinese smartphone maker Xiaomi said its foray into the EV market has resulted in much better sales than pre
China's Xiaomi said on Thursday that sales of its sporty electric vehicle have been 3-5 times higher than expected, and it had started deliveries of the SU7 - short for Speed Ultra 7 - 12 days earlier
Tesla gets the most attention in the electric vehicle industry, but there are other EV companies worth considering for investors. BYD, the largest EV company in the world by sales volumes, offers prof
Xiaomi (OTCMKTS: XIACY ), known for its smartphones, is making a bold entry into the electric vehicle (EV) market. The company announced it will launch its first EV at competitive prices, which put se
The tech heavyweights looking to electric vehicles for their second act are jumping into a brutal price war.
Chinese smartphone maker Xiaomi on Thursday said it has received more than 100,000 orders for its first electric vehicle, the SU7, as it began deliveries.

Xiaomi shares jump as sales soar on EV launch

03:55am, Tuesday, 02'nd Apr 2024
Xiaomi shares gained 9% on Tuesday on the first day of trading since the smartphone maker released its electric vehicle (EV) ahead of the Easter weekend. Priced at 215,900 yuan (US$30,408), Xiaomi's s
Following recent reports of Apple discontinuing its decade-long Project Titan, its rival, Chinese tech giant Xiaomi, has swiftly entered the electric vehicle (EV) market with the formal launch of
Shares of Xiaomi surged 15% when the Hong Kong market opened Tuesday, the first trading day since the company launched its SU7 electric car ahead of the Easter holiday.
Shares of China' Xiaomi were set to rise 15% on Tuesday after the maker of smartphones and other consumer electronics late last week launched a sporty electric car whose design has been likened to Por
Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face an up to seven-month wait, its app showed on Monday, in a sign that the Chinese electronics maker is enjoying stro
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