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

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

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.

Smart EV unit recorded 4.3 billion yuan of gross profit last quarter, trailing operating expenses by 500 million yuan, ...

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

In recent weeks, China's tech ecosystem has been rattled by the revival of a decade-long rivalry between two industry ...

The losses in XIAOMI-W (01810.HK)'s automotive business are tapering off, said Lei Jun, founder of XIAOMI-W, at the Xiaomi ...

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

Founder and Chairman of XIAOMI-W (01810.HK), said at the “Xiaomi Investor Conference” that XIAOMI-W began to invest in R&D of ...

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