Etiqueta: Xiaomi

Demand for EVs has been in decline globally for over a year, and hybrids may be eating into sales; however, electric cars continue to push the boundaries

The Chinese EV leader is making waves with record sales, a strong grip on its home market, and ambitious global plans.

BYD, best known for affordable mass-market EVs, is now pushing into luxury territory with models priced above $200,000. The Shenzhen automaker opened a new “all-terrain circuit” in Zhengzhou this month as part of a 5 billion yuan ($700 million) plan to build public tracks designed for new energy vehicles, Bloomberg reported. For 599 yuan, visitors ...

BYD is reshaping the future of smart mobility, blending cars with cutting-edge tech.

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

Xiaomi increased its electric car business revenue to 20.6 billion yuan (2.44 billion euros) in the second quarter thanks to record deliveries. The

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.