Xiaomi Corp

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Xiaomi Corp. engages in the design, manufacture and sale of smartphone, hardware and software products. Its business covers power bank, audio, camera and lifestyle. Xiaomi doing business through three business segments-Hardware, E-commerce & New Retail and Internet services. Its products include power bank pro, headphones, in-ear headphones pro, bluetooth headset basic with dock, bluetooth speaker, sphere camera, home security camera, action camera, robot builder, electric scooter, bedside lamp, and body composition scale. The company was founded by Jun Lei, Bin Lin, Wan Qiang Li, Feng Hong, De Liu, Chuan Wang, and Jiang Ji Huang on March 3, 2010 and is headquartered in Beijing, China.

Chinese smartphone maker Xiaomi has become the country's eighth-largest electric vehicle upstart after selling more than 7,000 units of its first model, the SU7 sedan, in April, according to industry data.

Xiaomi becomes 8th largest EV upstart in China after successful SU7 launch

Li Auto Inc.

Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies.

Renault talks to China's Li Auto and Xiaomi on tech collaboration

Chinese smartphone maker Xiaomi has locked in 75,723 orders for its sporty SU7 electric sedan as of April 24, and aims to deliver over 10,000 units in June, founder Lei Jun said on Thursday.

Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June

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.

China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner

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 secures lock-in orders of more than 70,000 SU7 cars

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.

Xiaomi CEO says will introduce production capacity, delivery plan for SU7 at auto show

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 predicted. The SU7 model was launched last month, with the smartphone giant saying it was benchmarked against the Tesla Model 3 and Porsche Taycan.

EV competition in China for Tesla revs up with phonemaker Xaomi's $30k launch

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 than previously announced.

Xiaomi says sales of its new EV have been 3-5 times higher than expected

BYD Company Limited

BYD Co Ltd

Rivian Automotive

XPeng

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 profitable growth and a significant scale advantage. XPeng, Li Auto, Xiaomi and Rivian also are promising EV players with unique approaches and growth potential.

5 EV Stocks In The Spotlight (That Are Not Tesla)

The tech heavyweights looking to electric vehicles for their second act are jumping into a brutal price war.

Apple Isn't Making an EV, but Chinese Phone Makers Are Showing They Can

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.

China's Xiaomi receives over 100,000 orders, begins deliveries of its first EV

Hesai Group

PALO ALTO, Calif. , April 2, 2024 /PRNewswire/ -- Xiaomi, a leading technology company, has officially launched its first mass-produced electric vehicle, the Xiaomi SU7, in Beijing.

Xiaomi Unveils Revolutionary SU7 Electric Vehicle Equipped with Hesai High-Performance Lidar

Tesla

Xiaomi makes most of its money selling smartphones, and its valuation now rivals GM.

Tesla Stock Is Falling. It Has a New Competitor—Xiaomi.

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 standard SU7 was listed on late Thursday as cheaper than Tesla Inc (NASDAQ:TSLA, ETR:TL0)'s Model 3 in a familiar sign of China's heated EV market.

Xiaomi shares jump as sales soar on EV launch

Xiaomi's shares surged after the tech company unveiled its maiden electric vehicle, a competitively-priced sedan vying against Tesla and others for market share in China's crowded EV space.

Xiaomi Shares Jump After Launch of Its First Electric Vehicle

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 its much-anticipated electric car at an event in Beijing.

Xiaomi's EV Debut Shifts Connected Economy Into High Gear

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.

Xiaomi shares pop 15% after the Chinese smartphone maker launches its first EV

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 Porsche's Taycan and Panamera sports car models.

Xiaomi's stock set to open up 15% after launch of electric car

Chinese electronics maker Xiaomi is reportedly informing buyers of its new SU7 electric vehicle that they could face wait times of up to seven months.

Buyers of Tesla's Chinese rival EV may face monthslong wait for SU7

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 strong demand for its vehicle.

Xiaomi's EV buyers face up to seven-month wait for car, app shows

Tesla is getting some more electric vehicle competition in China with Xiaomi's release of the SU7 sedan this week, according to Barron's.

Tesla has new competition with a Chinese EV priced lower than Model 3

The handset maker is off to a blistering start in China's EV market: The Xiaomi SU7 has 88,898 orders in 24 hours for the Tesla Model 3 "upgrade."

China's Xiaomi SU7 Races Into EV Market: 88,898 Orders For Tesla Model 3 'Upgrade'

Xiaomi's entry into the EV market with its affordable SU7 sedan caused its shares to surge over 12%. Xiaomi's EV has a competitive advantage over pure-play EV companies, as it offers better performance and is backed by the company's strong financial stability. Xiaomi's ecosystem approach, focusing on seamless integration between devices, cars, and homes, could prove to be more sustainable and cost-effective than Tesla's approach.

Xiaomi Isn't New Tesla - It May Be Better In Certain Things

The Xiaomi SU7 EV will start at about $30,000, about $4,000 less than a Tesla Model 3.

Chinese Tech Giant Xiaomi Unveils New EV Price. It's More Bad News For Tesla.

He was called China's answer to Steve Jobs for taking Xiaomi from scrappy startup to an electronics giant known for its smartphones.

News for Xiaomi Corp Stock (XIACY)