Xiaomi Corporation (XIACY)

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.

Hong Kong-listed shares of Xiaomi opened up 8% on Friday, after the launch of a new electric car model.

Xiaomi -0.52 (-1.43%) Tesla +0.285 (+0.09%)

Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV 10,000 yuan ($1,395) cheaper than Tesla's Model Y, stepping up the challenge to the U.S. firm in the world's largest ...

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 (...

Xiaomi's CEO Lei Jun said on Monday that the firm plans to hold an official launch event for its new YU7 electric sports utility vehicle on Thursday, where it is expected to announce pricing and start...

A Xiaomi unit has won a tender to buy a plot of land in Beijing close to its existing car factory for 635 million yuan ($88 million), which it plans to use for a smart connected car and components pro...

Chinese technology company Xiaomi plans to start taking orders for its new YU7 electric sports utility vehicle at the end of June, its CEO Lei Jun said on Wednesday on his Weibo account.

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.