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 ...

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

Xiaomi might not be a seasoned veteran in the auto industry, but the electronics-turned-automotive giant is currently one of ...

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 ...

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

Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla’s Model Y.

The collapse of Apple’s moonshot car program has only underscored the effectiveness of Xiaomi’s grounded approach, which took inspiration from proven designs from Tesla Inc. and Porsche Automobil ...

BEIJING (Reuters) -China's Xiaomi will consider selling cars outside China from 2027, Lei Jun, CEO of the smartphone turned ...

On Monday, Xiaomi's billionaire cofounder and CEO, Lei Jun, said that his company was implementing a 10-year plan to invest 50 billion yuan, roughly $7 billion, into chip design as it looks to ...

When Xiaomi unveiled its electric car to much fanfare in late 2023, CEO Lei Jun called the project his last entrepreneurial endeavor. Fifteen months later, Lei’s bet now seems like it might pay off.