Etiqueta: Lei Jun

Xiaomi has previously described ambitions to go global, though it's never specified a target market. Europe is a common destination for Chinese carmakers like BYD seeking to tap a more lucrative arena, while governments across the continent are wooing Chinese EV and battery firms in part to mitigate impact from US tariffs.

‘If you need to buy a car quickly, other China-produced new energy vehicles are pretty good,’ founder Lei Jun said recently.

China's new-energy vehicle (NEV) market penetration rate hit a record 44.3 percent in the first half of 2025, a new historical high for the same period, the CCTV News reported on Monday, citing information from the China Machinery Industry Federation.

BYD’s chief executive and president Wang Chuanfu recently visited Xiaomi’s electric vehicle (EV) plant in Beijing accompanied by Xiaomi’s boss Lei Jun,

BYD said it still plans to grow in North and South America, but it doesn’t know when.

Xiaomi afirma que ha vendido más de 200.000 YU7, un modelo que pretende competir con el Model Y de Tesla en China, a los tres minutos de su lanzamiento en Pekín.

China's EV competition is so intense that even good cars can fail on the market.

From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed.