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

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

In the first 18 hours after the YU7 went on sale, Xiaomi received some 240,000 orders that it considers locked in, with ...

Lei Jun, the cofounder and CEO of Xiaomi, unveiled the company’s first electric vehicle on Thursday, marking the Chinese smartphone maker’s entry into the country's highly competitive EV market.

Xiaomi has only been in the EV business for a year, and it's already sold 200,000 cars to Chinese drivers.

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 ...

On Monday, Xiaomi's billionaire cofounder and CEO, Lei Jun, said that his company was implementing a 10-year plan to invest 50 billion yuan, roughly $7 billion, into chip design as it looks to ...

Xiaomi plans to sell its electric vehicles overseas as SU7 and YU7 models gather steam in the Chinese domestic market.

Xiaomi CEO Lei Jun has been called China's Steve Jobs. Now he's got his eyes on the EV market in ways Apple could never pull off.

Lei’s optimism contrasts with renewed worries that China’s EV sector is about to sink into another price war.