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, ...

Xiaomi Xring 01 chip has shaken up the tech world by matching — and even beating — top chips like Apples A18 Pro and ...

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

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

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

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

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

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.