Despite upbeat sales of the refreshed version of its Model Y SUV, Tesla is still stuck in the mud in its second-largest ...

Xiaomi announced that sales of the highly-anticipated YU7 SUV will start on June 26, with over 500 units already built at its F1 factory in Beijing ...

Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...

Lei Jun, founder and chairman of Xiaomi Corp., the only tech company to have successfully diversified into carmaking, ...

Founder Lei Jun took a public jab at Apple, saying Xiaomi now gives “special care” to iPhone users after Apple canceled its ...

Xiaomi opened the YU7 order books with a starting price of 253,500 yuan ($35,300), just 10,000 yuan ($1,395) under the Tesla Model Y's starting price ...

Xiaomi’s Lei Jun posted a few videos on social media to show off the new Xiaomi Smart Factory in Beijing. The new 80,000-square-meter (860,000-sq-ft) factory has 11 production lines that can ...

The car, which starts at $35,000, intends to compete with the Model Y, China's most popular SUV, which starts at $36,760.

Lei Jun Wants to Be China’s Answer to Steve Jobs. But Trump’s Trade War Is Getting In His Way. 6 minute read. Sim Chi Yin for TIME. By Charlie Cambell/Beijing. July 12, 2018 6:09 AM EDT.

Lei Jun also announced plans to invest 200 billion yuan ($28 billion) in R&D over the next 5 years. The company had previously announced a $7 billion investment to develop and enhance its mobile ...