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How Xiaomi succeeded where Apple failed: Lei Jun, founder and chairman of Xiaomi Corp, the only tech company to have successfully diversified into carmaking ...
thestar.com.my/tech/tech-news/2025/07/07/how-xiaomi-succeeded-where-apple-failed
How Xiaomi succeeded where Apple failed
Xiaomi’s Electric Car Push Succeeds Where Apple’s EV Dreams Failed: Lei Jun, founder and chairman of Xiaomi Corp., the only tech company to have successfully ...
bloomberg.com/news/articles/2025-07-06/xiaomi-founder-s-bold-ev-bet-is-paying-off-where-apple-s-failed
Xiaomi’s Electric Car Push Succeeds Where Apple’s EV Dreams Failed
More articles on this subject
How Xiaomi succeeded where Apple failed: Lei Jun, founder and chairman of Xiaomi Corp., the only tech company to have successfully diversified into carmaking ...
mercurynews.com/2025/07/07/how-xiaomi-succeeded-where-apple-failed/
How Xiaomi succeeded where Apple failed
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Elon Musk’s Awkward Selfie Moment With a Chinese Billionaire in Beijing: A few seconds of selfie awkwardness between Elon Musk and Lei Jun, a prominent Chinese ...
nytimes.com/2026/05/15/business/musk-lei-jun-xiaomi.html
Elon Musk’s Awkward Selfie Moment With a Chinese Billionaire in Beijing
Lei Jun Says He'd Build Cars Again — And Xiaomi's Numbers Back Him Up: Lei Jun says he'd build cars again — and with 500K units produced and a ...
gizchina.com/xiaomi-phones/lei-jun-says-hed-build-cars-again-and-xiaomis-numbers-back-him-up
Lei Jun Says He'd Build Cars Again — And Xiaomi's Numbers Back ...
The Chinese giant that has succeeded where Apple has failed: Lei Jun, the billionaire founder and chairman of Xiaomi, couldn’t resist a dig at Apple.
smh.com.au/business/companies/the-chinese-giant-that-has-succeeded-where-apple-has-failed-20250707-p5md7j.html
The Chinese giant that has succeeded where Apple has failed
Tesla is facing a new wave of Model Y-killers in China: Despite upbeat sales of the refreshed version of its Model Y SUV, Tesla is still stuck in the mud in its ...
businessinsider.com/tesla-faces-new-wave-of-model-y-killers-in-china-2025-7
Tesla is facing a new wave of Model Y-killers in China
China's EV newcomer Xiaomi sells nearly 300,000 SUVs in an hour : The founder of Chinese electric vehicle maker Xiaomi says he is "astonished" by the reaction ...
abc.net.au/news/2025-06-30/china-electric-vehicle-xiaomi-sells-289-000-suvs-tesla-model-y/105476084
China's EV newcomer Xiaomi sells nearly 300,000 SUVs in an hour
Key FactsXiaomi Shatters Records with Electric SUV Pre-Sales
Jun 30, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: abc.net.au
  • Xiaomi amassed 289,000 pre-orders for its debut electric SUV YU7 within an hour, marking a milestone for the automotive field.

  • Priced about 4% lower than Tesla’s top-selling Model Y, the YU7 aims to capture budget-conscious buyers.

  • Despite robust initial sales, Xiaomi’s ability to challenge industry leaders like Tesla and BYD depends on production and technological execution.

  • Safety concerns grew after a fatal crash involving a Xiaomi EV operating in assisted driving mode raised questions about autonomous system reliability.
  • My goodness, in just 2 minutes, we received 196,000 paid pre-orders and 128,000 lock-in orders.
    — Lei Jun, founder and CEO of Xiaomi, expressing astonishment at the customer reaction to the launch of the YU7.
China's Xiaomi receives almost 300,000 SUV pre-orders in minutes: The exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle fanned ...
channelnewsasia.com/east-asia/xiaomi-suv-yu7-electric-vehicles-preorders-tesla-5207061
China's Xiaomi receives almost 300,000 SUV pre-orders in minutes
Key FactsXiaomi’s Electric SUV Challenges Tesla’s Market Lead
Jun 27, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
  • Xiaomi's new YU7 electric SUV received 289,000 orders within the first hour, vastly exceeding market expectations.

  • Priced about 4% below Tesla’s Model Y, the YU7 boasts superior specifications and performance, according to analysts.

  • Tesla is anticipated to lose market share and may need to lower prices or offer free software to stay competitive.

  • Xiaomi’s shares surged to an all-time high, rising over 70% this year, making it the top-performing large-cap stock in Asia Pacific.
  • The YU7 is priced from 253,500 yuan ($35,360) which is 'slightly below that of Tesla's Model Y but it offers much better specs and performance,' said analysts at Jefferies.
    — Analysts at Jefferies comment on the competitiveness of the YU7 compared to the Model Y.
China’s Xiaomi claims new phone chip rivals Apple at a cheaper price: Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and ...
cnbc.com/2025/05/22/chinas-xiaomi-claims-new-phone-chip-rivals-apple-at-a-cheaper-price.html
China’s Xiaomi claims new phone chip rivals Apple at a cheaper price
Key FactsXiaomi Launches Affordable Chip Rivaling Apple’s Latest
May 22, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnbc.com
  • Xiaomi developed the Xring O1 chip, which CEO Lei Jun says surpasses Apple’s A18 Pro in several technical categories.

  • The Xiaomi 15S Pro smartphone is launched at 5,499 yuan, significantly cheaper than Apple’s iPhone 16 Pro models.

  • Starting in 2026, Xiaomi will invest 200 billion yuan in R&D and forecasts a 30% revenue increase this year.

  • Xiaomi also manufactures electric vehicles, delivering over 28,000 units in April and planning to release the YU7 SUV in July.
  • Apple is still number one.
    — Lei Jun, CEO of Xiaomi, said this at a launch event to describe the performance of the new Xring O1 chip.
China's Xiaomi is following Apple with multibillion-dollar chip plan: The CEO of Chinese smartphone maker Xiaomi has shared a 10-year plan to spend around $7 ...
businessinsider.com/xiaomi-lei-jun-mobile-chips-apple-multibillion-dollar-plan-2025-5
China's Xiaomi is following Apple with multibillion-dollar chip plan
Xiaomi CEO Breaks Silence After Fatal SU7 Crash, Pledging to Make Safety a Top Priority
caixinglobal.com/2025-05-17/xiaomi-ceo-breaks-silence-after-fatal-su7-crash-pledging-to-make-safety-a-top-priority-102320492.html
Xiaomi CEO Breaks Silence After Fatal SU7 Crash, Pledging to Make Safety a ...
Xiaomi's new super car is set to shake up the industry: The smartphone manufacturer Xiaomi now also produces electric cars. Its first model, the SU7 ...
businessinsider.de/wirtschaft/neues-super-auto-von-xiaomi-soll-die-branche-aufmischen/
Xiaomi's new super car is set to shake up the industry
China's Xiaomi embarks on Apple's road not taken: China's Xiaomi may have started out as an Apple wannabe but it has now pulled ahead of the American technology ...
reuters.com/breakingviews/chinas-xiaomi-embarks-apples-road-not-taken-2024-03-13/
China's Xiaomi embarks on Apple's road not taken
Xiaomi declares war against Apple, it's life or death now!: Xiaomi's founder and chief Lei Jun declared war against Apple. The goal is to turn Xiaomi ...
gizchina.com/2022/02/11/xiaomi-declares-war-against-apple-its-life-or-death-now/
Xiaomi declares war against Apple, it's life or death now!
Xiaomi Pledges 'War of Life and Death' Against Apple to Become World's Biggest Smartphone Brand
macrumors.com/2022/02/11/xiaomi-pledges-war-of-life-and-death-against-apple/
Xiaomi Pledges 'War of Life and Death' Against Apple to Become World's ...
Xiaomi 12 camera speed may be the fastest in history: Xiaomi 12 camera speed may be the fastest in history. This latest claim is coming from the company's ...
gizchina.com/2021/12/22/xiaomi-12-camera-speed-may-be-the-fastest-in-history/
Xiaomi 12 camera speed may be the fastest in history
Lei Jun: Xiaomi 12 and MIUI 13 is Xiaomi's answer to everyone: Lei Jun: Xiaomi 12 and MIUI 13 is Xiaomi's answer to everyone. The company will ...
gizchina.com/2021/12/21/lei-jun-xiaomi-12-and-miui-13-is-xiaomis-answer-to-everyone/
Lei Jun: Xiaomi 12 and MIUI 13 is Xiaomi's answer to everyone
Xiaomi officially registers its electric vehicle business - Gizchina.com: The Chinese tech giant Xiaomi has officially registered a company that will produce ...
gizchina.com/2021/09/01/xiaomi-officially-registers-its-electric-vehicle-business/
Xiaomi officially registers its electric vehicle business - Gizchina.com
Xiaomi is investing billions to build its own electric cars: Xiaomi, known in the electronics industry as the “Apple of Asia,” is venturing into the electric car ...
noypigeeks.com/spotlight/xiaomi-is-investing-billions-to-build-its-own-electric-cars/
Xiaomi is investing billions to build its own electric cars