BRIEF: Xiaomi discloses two EV fire incidents, further weighing on its shares
Xiaomi Group (1810.HK) on Tuesday disclosed fire accidents that occurred the previous day involving its electric vehicles (EVs), following up on an earlier pledge by founder and Chairman Lei Jun…
BRIEF: Xiaomi SU7 in new fatal accident, shares slump over 5%
Xiaomi’s electric vehicle (EV) division faced new safety concerns after one of its SU7 vehicles caught fire following an early Monday morning collision in Sichuan province, killing the driver. Local…
BRIEF: Xiaomi debuts YU7 electric SUV, starting at $35,400
Xiaomi (1810.HK) launchedits first electric SUV, the Xiaomi YU7, on Thursday, taking pre-orders with a starting price of 253,500 yuan ($35,400), directly challenging Tesla’s Model Y, which starts at a…
BRIEF: Xiaomi renames smart driving function after fatal accident
Xiaomi Corp. (1810.HK) has changed the smart-driving terminology for its SU7 electric vehicle from “smart driving” to “assisted driving” on the product’s pre-order page, following a fiery fatal accident that…
NEWS WRAP: Xiaomi shares sink after deadly EV crash
Xiaomi’s stock fell over 5% after the fatal accident involving its SU7, as founder Lei Jun pledged his full cooperation with the investigation By Lee Shih Ta A fiery…
BRIEF: Xiaomi debuts deluxe SU7 Ultra EV for $73,000
Following last year’s launch of its first electric vehicle (EV), the SU7, Xiaomi Corp. (1810.HK) on Thursday unveiled its luxury model, the SU7 Ultra, priced at 529,900 yuan ($72,932). Following…
