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

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

Only Apple and Samsung sell more smartphones worldwide. The company also peddles a vast array of devices that connect to its ...

Lei Jun also announced plans to invest 200 billion yuan ($28 billion) in R&D over the next 5 years. The company had previously announced a $7 billion investment to develop and enhance its mobile ...

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

Lei Jun, co-founder and CEO of Xiaomi, gives a first look at the Xiaomi YU7 SUV in Beijing on May 22. Prospects for the car, launched Thursday, have driven up Xiaomi shares.

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.

The company's 2024 earnings, its first set of annual results as a bona fide carmaker, show that founder Lei Jun’s big EV bet is paying off. The company reported 365.9 billion Chinese yuan ($50.6 ...

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.

Lei Jun, founder of Chinese tech giant Xiaomi, is now the fifth richest billionaire in China after company shares rallied 250% over the past 12 months. Xiaomi’s investors are increasingly ...

Xiaomi on Wednesday denied a report that the launch of its highly-anticipated YU7 had been delayed and said the electric SUV would still go on the market in June or July, as CEO Lei Jun had ...

Xiaomi CEO Lei Jun wants you to know his cars are among the safest EVs in the world. To prove it, he's dropping a watermelon six floors.