Etiqueta: Lei Jun

From Xiaomi’s fatal car crash to Chinese EV makers reporting strong first quarter sales, here are seven EV stories you may have missed.

Tesla's competitors in China disclosed a slew of updates on Tuesday, once again signaling that competition on the mainland is fierce for the EV juggernaut and the Chinese upstarts.

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.

Company expects to sell 10,000 units of the high-end car each year, founder and CEO Lei Jun says.

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.

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 […]

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.

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...

The Guangzhou auto show, which runs through Nov 24, is spotlighting a dazzling lineup from Chinese and international carmakers.