In Q2, Rivian lost over $32,000 per car sold, while Ford’s electric division lost $47,600 for each EV built. Analysts think Xiaomi could reach a breakeven point when it’s selling between ...

Tech firm and new EV maker Xiaomi revealed just how much cash it's burning to make its cars. The tech firm's EV branch lost about $252 million from April to June, or $9,200 per car. Xiaomi has ...

Thanks to the added oomph and body kit, the brand claims the EV will be able to rocket from zero to 62 mph in just 2.8 seconds and hit a top speed of 217 mph. If Xiaomi is able to deliver on what ...

Whereas the SU7 has a pair of wireless chargers, and a column of physical buttons, the SUV lacks the buttons and moves to two ...

The new EV kid on the block, Xiaomi, has confirmed its flagship SU7 Ultra Prototype sports sedan will go into production. But if you want to get your hands on what could be the world’s fastest ...

Beijing: Xiaomi Corp is willing to grow its nascent electric vehicle (EV) arm at the expense of profits for now, as it angles to join Tesla Inc and BYD Co among the world’s biggest automakers ...

This quarterly statement has been Xiaomi's best thus far according to CEO Jun Lei. Xiaomi reports strong 2Q24 results, aims to meet EV delivery target by year-end 中文網 ...

China’s electric-vehicle market is offering a tentative challenge to the shift toward batteries with no nickel or cobalt.

Morgan Stanley's commentary indicated confidence in Xiaomi's potential as a disruptive force in the electric vehicle (EV) industry. The firm anticipates more positive developments for Xiaomi in the ...

Xiaomi's automobile division achieved a 15.4% gross margin after one-quarter of delivery, surpassing some Chinese EV competitors. Xiaomi's strategy involves selling products at low margins to ...

Xiaomi Corporation, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announced its ...