BEIJING — Sales of Chinese smartphone maker Xiaomi’s first electric car have been 3-5 times higher than expected, CEO Lei Jun said on Thursday, as the company began delivering standard versions of the so-called SU7 to buyers ahead of schedule. Lei, Xiaomi’s founder, made the comments during a two-hour livestream on Douyin, the Chinese equivalent [...]read moreXiaomi says sales of its EV are 3-5 times higher than expected
BEIJING — Shares of China’s Xiaomi surged as much as 16% on Tuesday as the electronics maker’s sporty electric vehicle launched last week drew strong interest, though a brokerage forecast the firm would lose nearly $10,000 per car this year. The stock touched its highest since January 2022 on the first day of trading since [...]read moreXiaomi SU7 EV launch propels market value by $4 billion, near GM and Ford
The Xiaomi SU7 went on sale in China on March 28 and is proving to be hugely popular among car buyers, with the company recently announcing it had received over 90,000 orders within 24 hours of the launch. According to reports by CarNewsChina and Reuters, the SU7 is sold out for 2024 and those who [...]read moreXiaomi SU7 sold out for 2024 in China within 24 hours – wait list up to seven months; priced from RM142k
Xiaomi SU7 cars at a launch event in Beijing.Michael Zhang/Getty Images Xiaomi is warning EV customers could face a wait time of four to seven months, Reuters reported. The delays could be a sign of strong demand for the smartphone maker’s first-ever EV. Last week, Xiaomi launched the Speed Ultra 7 in a Beijing event. [...]read moreSmartphone maker Xiaomi warns of delays for its EV due to heavy demand
BEIJING — Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country’s booming but crowded market for electric cars. The tech company will start taking orders for the SU7, a sporty four-door sedan, following a launch event with founder Lei Jun in Beijing on Thursday evening. Analysts think it will be [...]read moreChina’s latest EV is a ‘connected’ car from smartphone and electronics maker Xiaomi
Xiaomi is using MWC to launch two of its flagships for a global audience — though not including the US, as usual. The Xiaomi 14 and 14 Ultra have already been announced in China, and today they’re on center stage with tweaked designs and camera-forward feature sets. They’re available to order starting today; the 14 [...]read moreThe Xiaomi 14 and 14 Ultra will be available globally