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 ...

From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed.

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

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

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

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

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.