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Some Xiaomi SU7 owners encounter high insurance renewal costs and hesitant insurers

Some Xiaomi SU7 owners encounter high insurance renewal costs and hesitant...

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As the first anniversary of Xiaomi SU7 deliveries approaches, some early adopters are reporting difficulties with insurance renewals, facing high premiums exceeding 1,400 USD and reluctance from some insurers. This comes despite Xiaomi Auto announcing impressive March sales figures of over 29,000 units, reaffirming their confidence in meeting the 350,000 delivery target for the year.

The post Some Xiaomi SU7 owners encounter high insurance renewal costs and hesitant insurers appeared first on CarNewsChina.com.

This is how cheap Chinese cars are conquering the world

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US tariffs are failing to halt the rise of cars from the Asian giant, especially in emerging markets, and could even accelerate it
JMEV 01 performance EV set for April 15 launch

JMEV 01 performance EV set for April 15 launch

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JMEV 01 electric coupe to launch on April 15 to target young performance enthusiasts

The post JMEV 01 performance EV set for April 15 launch appeared first on CarNewsChina.com.

Xiaomi CEO Lei Jun teases Xiaomi YU7, the company’s second model with 681 hp

Xiaomi CEO Lei Jun teases Xiaomi YU7, the company’s second model...

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Xiaomi CEO Lei Jun recently posted this set of photos on social media, showcasing the soon-to-be launched Xiaomi YU7.

The post Xiaomi CEO Lei Jun teases Xiaomi YU7, the company’s second model with 681 hp appeared first on CarNewsChina.com.

Tesla sales fall in Europe as BYD and Xiaomi race ahead

Tesla sales fall in Europe as BYD and Xiaomi race ahead

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Tesla sales in Europe fell 44% last month, year-on-year, while Chinese automaker BYD this week said its 2024 sales surpassed $100 billion for the first time.
Xiaomi SU7 scored five stars in C-NCAP crash test

Xiaomi SU7 scored five stars in C-NCAP crash test

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The Xiaomi SU7 scored five stars in C-NCAP safety and crash test, showing the highest performance among cars evaluated by the 2024 standard.

The post Xiaomi SU7 scored five stars in C-NCAP crash test appeared first on CarNewsChina.com.

Xiaomi, BYD’s $11 Billion in Share Sales Show Hong Kong Deals Roar Back

Xiaomi, BYD’s $11 Billion in Share Sales Show Hong Kong Deals...

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(Bloomberg) -- Hong Kong’s two biggest stock offerings since 2021 came this month after a pair of electric-vehicle makers took advantage of one of the world’s biggest market rallies.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off at the
Hang Seng Index recovers, BYD surges ahead of earnings, Meituan declines

Hang Seng Index recovers, BYD surges ahead of earnings, Meituan declines

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Hang Seng Index opened higher today, gaining 59 points or 0.25%, to reach 23,749 points. The National Enterprises Index rose by 28 points or 0.32%, settling at 8,770 points, while the Technology Index increased by 25 points or 0.44%, to stand at 5,664 points.
BYD's Denza launches N9 SUV to rival Mercedes, BMW in premium EV segment

BYD’s Denza launches N9 SUV to rival Mercedes, BMW in premium...

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China's biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and Mercedes-Benz in the luxury segment as competition in the world's largest auto market intensifies. The Denza unit on Friday unveiled the six-seat SUV called Denza N9, priced at 389,800 (US$60,860) to 449,800 yuan, which is available in plug-in hybrid and pure-battery versions. Denza also sells D9 MPV, which was rolled out in 2022 and priced from 339,800 yuan. The SUV will