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, ...

However, the overwhelming demand has resulted in delivery wait times of up to 14 months for some customers. China Daily ...

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

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

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 ...

Xiaomi plans to sell its electric vehicles overseas as SU7 and YU7 models gather steam in the Chinese domestic market.

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, founder of Chinese tech giant Xiaomi, is now the fifth richest billionaire in China after company shares rallied 250% over the past 12 months. Xiaomi’s investors are increasingly ...

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.

Xiaomi said in a regulatory filing Wednesday that Lei Jun is receiving more than 636.6 million shares as a bonus for “his contributions to the company.” The stock is traded in Hong Kong.