Xiaomi's Hong Kong-listed shares soared eight per cent at one point before paring their gains but ending at a record high.

Blending tech innovation and branding savvy, Xiaomi’s second EV taps into narrative economics to notch early success.

Tesla Model Y is priced at 263,500 yuan in China, and with the recent launch of Xiaomi YU7, the American EV maker is likely ...

Chinese tech giant Xiaomi has made a spectacular entrance into the electric vehicle (EV) market with its first sport utility ...

The YU7 is Xiaomi's second vehicle and one that undercuts Tesla's Model Y in price by nearly 4 per cent. The Model Y is China's best-selling SUV and starts at 263,500 yuan ($56,000).

From Nürburgring records to NASDAQ tremors, how a smartphone giant gatecrashed the electric vehicle party, out-specced Tesla, and built a luxury SUV for the price of a saloon Lei Jun, the billionaire ...

CEO Lei Jun announced that the YU7’s starting price is 253,500 yuan ($35,322), which undercuts Tesla’s Model Y in China by 10,000 yuan. Within three minutes of the YU7’s launch, Xiaomi reported over ...

An hour in, that number rose to 289,000, as reported by Channel News Asia (CNA). In a video shared after the launch, CEO Lei Jun said the company had received 196,000 paid pre-orders and 128,000 ...

Fast Launch Sets New Standards YU7’s record-breaking order boom occurred just hours after the company’s founder and CEO, Lei Jun, unveiled the new model at a grand event. The massive interest is ...

Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility vehicles ...