A SU7 Ultra from Chinese EV brand Xiaomi has been spotted leaving Ferrari HQ in Maranello as development of the first ...

China is accelerating the rollout of fully automated "dark factories," where production continues non-stop without lighting, human workers or shift changes.

Despite upbeat sales of the refreshed version of its Model Y SUV, Tesla is still stuck in the mud in its second-largest ...

China's Xiaomi will only consider selling cars outside China from 2027, Lei Jun, CEO of the smartphone turned electric ...

Lei Jun saw the SU7's success and is confident the YU7 can sell many more units. The SU7 outsells the Model 3 in China, and there's no reason to doubt that the YU7 will outsell the Model Y.

Both Xiaomi and its founder, Lei Jun, are big fans of Apple. The Chinese smartphone maker embraces Apple-like designs in its products and advertising, leading some to dub the company "the Apple of ...

Lei Jun checked out cars of various brands at the Guangzhou Auto Show in November.© Costfoto/NurPhoto/Getty Images To assemble a car at Xiaomi’s factory, more than 700 robots work in unison ...

Xiaomi said in a regulatory filing Wednesday that Lei Jun is receiving more than 636.6 million shares as a bonus for “his contributions to the company.” The stock is traded in Hong Kong.

Ladies and gentlemen, meet Lei Jun, the jeans-and-black-shirt-wearing billionaire founder of Xiaomi, China’s hottest smartphone company. And, if you believe Lei, the next Steve Jobs.

Lei Jun, chairman and CEO of mobile company Xiaomi, is now a billionaire worth $1.5 billion due to the soaring valuation of his Chinese phone company.