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Category Xiaomi

Domestic price wars escalate Chinese economic deflation problems

Domestic price wars escalate Chinese economic deflation problems

Chinese businesses, from coffee shops to electric-vehicle makers to property developers, are accused of rushing into markets and then slashing pric...
Xiaomi founder jabs Apple while celebrating record-breaking EV orders

Xiaomi founder jabs Apple while celebrating record-breaking EV orders

Founder Lei Jun took a public jab at Apple, saying Xiaomi now gives “special care” to iPhone users after Apple canceled its EV plans.
The U.S. seems to be ceding technological lead to China

The U.S. seems to be ceding technological lead to China

The U.S. seems to be ceding technological lead in a critical sector to China following the country’s decision to cut funding to programs boosting E...
BYD delays expansion in the Americas due to trade uncertainty

BYD delays expansion in the Americas due to trade uncertainty

BYD said it still plans to grow in North and South America, but it doesn’t know when.
Xiaomi hits customers with year-long delivery delays for newly launched YU7 EV

Xiaomi hits customers with year-long delivery delays for newly launched YU7 EV

Xiaomi is receiving backlash from its buyers after revealing that the delivery of their newly launched YU7 electric SUV will take up to a year. Aft...