Lei Jun said Xiaomi's first electric vehicle, the SU7, will be sold at a starting price of $30,000 during a launch ceremony on Thursday evening that marks the mogul’s official entry into China ...

Xiaomi EV delivered more than 30,000 vehicles in July, marking a 20% increase from June and a 121% surge year-on-year. Shanghai (Gasgoo)- Xiaomi EV delivered more than 30,000 vehicles in July, marking ...

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

In comments posted on social media last week, Xiaomi CEO Lei Jun said that the average age of YU7 preorder holders was 33, and around 30% came from women. Lei Xing added that the company had ...

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

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.

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.

Lei Jun, founder of Chinese smartphone brand Xiaomi, said he was ready to bring the company's first electric vehicle to the market, having spent over 10 billion yuan (US$1.4 billion) developing a ...

Lei Jun has been hinting at the company’s determinant entrance into this market. Xiaomi currently has more than 1,000 people working in the R&D department.

Lei Jun, the billionaire co-founder and CEO of smartphone giant Xiaomi, has donated a record 1.3 billion yuan (US$183 million) to his alma mater Wuhan University to support one of China’s ...

Lei Jun’s share change was a corresponding operation to cooperate with the additional issuance. And it did not involve any reduction or increase in his own shares.