Etiqueta: Xiaomi

Xiaomi's EV Gambit: Leveraging Ecosystem and Loyalty to Challenge Tesla and BYD

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.

The Stellantis-backed Chinese automaker has raised its global sales target, and growth in Europe could double next year. The B05 hatchback joins the related B10 SUV as part of a push in the region.

TrendForce’s latest research reveals that global NEV sales, including BEVs, PHEVs, and FCVs, reached 4.868 million units in the second quarter of 2025, up 30% YoY. When HEVs are included, total EV sales climbed up to 6.456 million units, accounting for 29% of global auto sales.

Tesla Offers Robotaxi Jobs, BYD Sets India Sales Record, Xiaomi Experiences High Demand, Ford Unveils Universal EV Platform, Uber Rolls Out EV Incentive Program, and More: Weekly Mobility Recap

The EV industry saw major moves this week as Xiaomi's new model drew surging demand, Ford unveiled a universal EV platform, BYD set records in India, Uber launched big driver incentives, and Tesla pushed ahead with robotaxi tests.

The Corvette CX making its debut this weekend packs 2,000 hp. It's almost perfect, but for one problem: the new BYD has 1,000 more hp.

How do you make a bunny hopping, self-driving electric car that can jump over a variety of obstacles even more capable? You give it the most power an electric vehicle (EV) has ever seen.

Brand and Channel Penetration in Lower - Tier Markets: Strategies and Opportunities