Etiqueta: Lei Jun
Chinese EV Maker BYD To Raise $5.6 Billion To Fund Global...
BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 billion) to deal with fierce competition at home and to expand abroad.
Xiaomi’s ‘Ultra’ luxury EV hits China market at US$73,000
Company expects to sell 10,000 units of the high-end car each year, founder and CEO Lei Jun says.
Chinese NEVs 3-5 years ahead of rest of world, says BYD...
Chinese NEVs are about 3-5 years ahead of the rest of the globe, said BYD's Wang Chuanfu, calling for a more open world.
Xiaomi’s Lei Jun Is Now China’s Fifth Wealthiest Billionaire Amid Stock...
Lei Jun, the founder of Chinese tech giant Xiaomi, has climbed to the position of China’s fifth wealthiest billionaire following a remarkable 250% rally in the company’s shares over the past year. Investors have become increasingly optimistic about Lei’s expansion into the electric vehicle (EV) sector, driving Xiaomi’s market performance. At 55, Lei now possesses […]
China EV insurance registrations by brand for week ending Jan 5:...
Xiaomi had 4,600 insurance registrations last week, Li Auto 6,700, Xpeng 7,000, Zeekr 5,000, Leapmotor 4,300 and Aito 6,100.
![[News] BYD Achieves Record 2024 Sales, Challenges Tesla’s Lead](https://automundochina.com/wp-content/uploads/2025/01/news-byd-achieves-record-2024-sales-challenges-teslas-lead-300x194.webp "[News] BYD Achieves Record 2024 Sales, Challenges Tesla’s Lead")
[News] BYD Achieves Record 2024 Sales, Challenges Tesla’s Lead
According to a report from Central News Agency, China's automotive leader BYD announced on the 1st that its 2024 new energy vehicle (NEV) sales reache...
Guangzhou auto exhibition spotlights dazzling lineups
The Guangzhou auto show, which runs through Nov 24, is spotlighting a dazzling lineup from Chinese and international carmakers.
Lei Jun: The Xiaomi SU7 Ultra prototype car has returned to...
On November 12th, Xiaomi founder, Chairman, and CEO Lei Jun announced on Weibo that the Xiaomi SU7 Ultra prototype car has returned to China and will be unveiled this Friday at the Guangzhou Auto Show. On October 29th, on the eve of the Xiaomi SU7 Ultra mass production version launch, Lei Jun announced that the Xiaomi SU7 Ultra prototype car's official certified lap time was 6 minutes 46.874 seconds, making it the fastest four-door car globally at the Nürburgring Nordschleife.
BYD sales hit a record in August despite broader China EV...
Chinese electric car giant BYD sold a record number of passenger vehicles in August, with sales of hybrids growing faster than those of battery-only cars.
Xiaomi SUV sends netizens into a frenzy in China
Xiaomi plans to leverage its brand strength and Lei Jun's influence to capture the young consumer segment and replicate the success of the SU7 with the MX11.
The post Xiaomi SUV sends netizens into a frenzy in China appeared first on CarNewsChina.com.
