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

Xiaomi's new YU7 EV, priced just under Tesla's Model Y, garnered over 200,000 orders in minutes, hitting 289,000 in an hour.

Ultimately, every great car design is heavily inspired by other vehicles. Xiaomi CEO Lei Jun has been spotted driving the Purosangue, Ferrari’s latest $400,000 performance SUV, and it sounds like he ...

SHANGHAI/BEIJING (Reuters) -Exceptionally strong initial orders for Xiaomi's YU7 electric sport utility vehicle sent shares ...

Lei Jun, the billionaire cofounder of Chinese tech giant Xiaomi, launched an electric SUV that could be a strong competitor ...

Tesla faces new challenges in China as Xiaomi's new YU7 electric SUV intensifies competition for Elon Musk's automaker.