Xiaomi Corp - Unsponsored ADR (XIACY)
How China's Xiaomi pulled off what Apple couldn't
Chinese smartphone maker Xiaomi has pulled off something Apple failed to do despite a decade-long attempt, and that's to make a car. Here's what helped Xiaomi overtake Apple's EV ambitions.
From Phones To EVs: How Xiaomi Is Building The Next Consumer Tech Empire
Xiaomi's Q1 2025 results shattered expectations, proving its evolution from a low-margin handset maker to a multi-industry growth engine with record revenue and margins. The integrated "Human x Car x Home" strategy is driving cross-category engagement, with smartphones, AIoT, and electric vehicles feeding into a sticky, monetizable ecosystem. Premium smartphone momentum, rapid IoT expansion, and a strong EV debut are fueling operating leverage, recurring revenue, and a robust balance sheet.
Xiaomi says it received over 200,000 orders for a new car it priced just below Tesla's Model Y in 3 minutes
Xiaomi said it sold more than 200,000 YU7 cars within three minutes of its Beijing launch. The YU7, priced at $35,000, aims to compete with Tesla's Model Y in China.
Xiaomi's New SUV Gets 289,000 Orders in an Hour
Bill Russo, Founder and CEO of Automobility, shares his analysis of China's EV sector on Insight with Haslinda Amin. Russo speaks after Xiaomi Corp.'s shares rose 8% to a lifetime high in the wake of strong initial orders for its $35,000 sport utility vehicle, the YU7.
Shares of China's Xiaomi surge after launch of electric vehicle YU7
Hong Kong-listed shares of Xiaomi opened up 8% on Friday, after the launch of a new electric car model.
China's Xiaomi undercuts Tesla with yet another cheaper car
In the latest step in an intensifying price war, Chinese smartphone company Xiaomi revealed its luxury YU7 SUV will cost less than Tesla's Model Y. Xiaomi's luxury YU7 SUV will start at 253,500 yuan ($35,322), CEO Lei Jun announced Thursday, pointing out that is 10,000 yuan cheaper than Tesla's Model Y.
China's Xiaomi founder expects EV business to turn profitable in H2
China's Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the second half the year, according to a company spokesperson.
Xiaomi's Tesla Y rival YU7 hits showrooms in Beijing
Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics gears up to further challenge Tesla in the world's largest auto market.
China's Xiaomi shares jump after record profit and revenue
Xiaomi shares jumped as much as 3.4% on Wednesday after it reported record first-quarter revenue and profit and said its shift towards higher-end products from smartphones to home appliances was already paying off.
Shares of China's Xiaomi set to rise 2.3% after reporting record profit
Shares of China's Xiaomi were set to rise 2.3% on Wednesday after it reported a record first-quarter revenue and profit and said its shift towards higher-end products from smartphones to home appliances was already paying off.
Xiaomi: Beyond A Growth Story
Xiaomi's valuation may seem expensive at first sight. But that is supported by its remarkable R&D efforts and growth potential across all segments. Xiaomi's newly manufactured chip, Xring O1 continues the testament of its R&D effectiveness. The gross margin in smartphone sales is expected to improve meaningfully but gradually. Xiaomi's emerging market competitiveness continues, chasing after the incumbent player, Samsung.
Xiaomi: From Silicon To SUVs, Driving The Next Era Of Smart, Affordable Tech
Xiaomi's new Xring O1 chip marks a major leap toward self-sufficiency, rivaling Apple and Huawei in advanced hardware design and performance. The YU7 SUV launch positions Xiaomi to disrupt China's lucrative SUV EV market, offering superior value and performance versus Tesla's Model Y. These advancements reinforce my thesis that Xiaomi's ecosystem rivals Apple's, with breakthroughs in AI, chips, and EVs driving global growth potential.
