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.

The YU7 is Xiaomi's second vehicle and one that undercuts Tesla's Model Y in price by nearly 4 per cent. The Model Y is China ...

Xiaomi's Hong Kong-listed shares soared eight per cent at one point before paring their gains but ending at a record high.

Xiaomi announced that sales of the highly-anticipated YU7 SUV will start on June 26, with over 500 units already built at its ...

Musk posted on X that there were no people in the car at all and no remote operators in control at any point, underscoring Tesla's push toward hands?free operation. Despite the feat, the U.S. National ...

From Nürburgring records to NASDAQ tremors, how a smartphone giant gatecrashed the electric vehicle party, out-specced Tesla, and built a luxury SUV for the price of a saloon Lei Jun, the billionaire ...

Xiaomi has confirmed receiving over 200,000 real orders for its Tesla killer, the YU7, in just three minutes. We ...

The smartphone and appliance maker made a huge splash in China’s electric vehicle market with the launch of its first vehicle ...

Xiaomi's new YU7 EV, priced just under Tesla's Model Y, garnered over 200,000 orders in minutes, hitting 289,000 in an hour.