Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...

Lei Jun, the cofounder and CEO of Xiaomi, unveiled the company’s first electric vehicle on Thursday, marking the Chinese smartphone maker’s entry into the country's highly competitive EV market.

The car, which starts at $35,000, intends to compete with the Model Y, China's most popular SUV, which starts at $36,760.

Xiaomi has only been in the EV business for a year, and it's already sold 200,000 cars to Chinese drivers.

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 ...

On Monday, Xiaomi's billionaire cofounder and CEO, Lei Jun, said that his company was implementing a 10-year plan to invest 50 billion yuan, roughly $7 billion, into chip design as it looks to ...

Xiaomi made a huge splash in China's EV market with the launch of its first vehicle, the SU7 sedan, in March last year. While ...

Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla’s Model Y.

Stories about lei jun - June 15th 2025Xiaomi SU7 Ultra, Known As the 'Porsche Taycan Killer,' To Start Production in Early 2025 22 Aug 2024, 17:48 UTC &middot By: Cristian Agatie / Xiaomi CEO Lei ...

Xiaomi founder, chairman and chief executive Lei Jun on Wednesday marked the roll-out of the firm's 100,000th electric vehicle (EV) from the assembly line with a social-media post of himself ...

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