Lei’s optimism contrasts with renewed worries that China’s EV sector is about to sink into another price war.

The CEO of Chinese smartphone maker Xiaomi has shared a 10-year plan to spend around $7 billion on designing its own chips.

Lei Jun – the 55-year-old Chinese entrepreneur transforming Xiaomi into a technology conglomerate covering smartphones, ...

Xiaomi Corp. founder Lei Jun expects its year-old EV business to turn profitable in the second half, a milestone for the ...

Xiaomi CEO Lei Jun said that the YU7 crossover will not be cheap, although it will still undercut the Tesla Model Y in price ...

Gran Turismo 7 will integrate the Xiaomi SU7 Ultra through a co-development process with Xiaomi EV, aiming to authentically replicate its luxury aesthetics and driving dynamics. This high-performance ...

Xiaomi Corporation (OTC:XIACY) founder and CEO, Lei Jun, showcased the company’s ambitions to expand its technology portfolio ...

Xiaomi unveiled its hotly anticipated YU7 electric SUV in China today, in the latest potential blow to Tesla’s position in ...

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.