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Ford CEO Jim Farley Envisions Beating Chinese EVs In 'A Street Fight,' Wants A Level Playing Field: 'Their Operational Fitness Is Incredible'
Saturday, February 8, 2025 - 3:54am | 532Ford Motor Co (NYSE:F) CEO Jim Farley said earlier this week that it is upon the company management to tackle Chinese EV models such as the Xiaomi SU7 in cost of manufacturing and product appeal. What Happened: “While the company needs to work with government partners to make it a level...
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Tesla Model 3 Loses To Xiaomi SU7 In China's December Sales Showdown
Tuesday, January 21, 2025 - 8:26am | 426Chinese smartphone maker Xiaomi’s (OTC:XIACF) first EV — the SU7 — outsold American EV giant Tesla Inc.’s (NASDAQ:TSLA) Model 3 sedan in China in December. What Happened: Xiaomi chairman Lei Jun noted the achievement in a post on the social media platform Weibo. While 25,815 Xiaomi SU7...
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Ford CEO Jim Farley Says He Tries To Drive All Vehicles From Competition After Expressing Adoration For Xiaomi SU7: 'Try Me,' Says Tesla Cybertruck
Friday, October 25, 2024 - 5:46am | 783Ford Motor (NYSE:F) CEO Jim Farley explained his intent behind driving the Xiaomi SU7 EV over the past six months in a post on social media on Wednesday. Farley responds: “I try to drive everything we compete against,” Farley said in a post on social media platform X. “Specs can...
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Xiaomi Hits EV Milestone With 27K SU7 Sales In Q2, Sets Sights On 120K Deliveries In 2024
Wednesday, August 21, 2024 - 9:06am | 384China’s latest EV entrant Xiaomi (OTC:XIACF) said on Wednesday that it delivered over 27,000 electric vehicles in the three months through June in China. What Happened: Xiaomi launched its first EV — the SU7 sedan — in late March and started delivering the vehicles in April, making Q2 its...
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Xiaomi Showcases SU7 Electric Sedan In India But Clarifies Sales Focus Only On China For 3 Years
Tuesday, July 9, 2024 - 8:43am | 662China’s latest EV entrant Xiaomi (OTC:XIACF) showcased its SU7 electric sedan in India on Tuesday to commemorate the company’s tenth year in the country. What Happened: At an event held in the city of Bengaluru on Tuesday, the company showcased its only production electric vehicle in...
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Tesla Faces Stiff Price Competition In China From Latest Entrants Nio's Onvo L60 And Xiaomi SU7
Friday, May 17, 2024 - 9:03am | 595China’s latest EV entrants are looking to take on Tesla Inc‘s (NASDAQ:TSLA) market share within the country, with vehicles priced competitively against the American EV giant’s best-selling EVs in the country. What Happened: China is the second largest market for Tesla after the U....
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Chinese EV Greenhorn Xiaomi Has Already Delivered Its 10,000th EV Within 2 Months Of Launch
Wednesday, May 15, 2024 - 6:56am | 398China's newest EV entrant Xiaomi Corp (OTC:XIACF) has reportedly delivered its 10,000th electric sedan. What Happened: Xiaomi delivered its 10,000th vehicle on the 43rd day since April 3, when it commenced deliveries, CnEVPost reported, citing a Weibo post from the company. The company...
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Xiaomi's Budget EV Makes Waves With 70,000 Lock-In Orders
Tuesday, April 23, 2024 - 8:07am | 321China’s newest EV entrant, Xiaomi Corp (OTCPK: XIACF), has reportedly received lock-in orders for over 70,000 of its SU7 electric sedans as of Saturday. What Happened: Xiaomi founder Lei Jun said in an investor conference that the company aims to deliver over 100,000 SU7 vehicles this year,...
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Chinese EV Contender Xiaomi's Budget 'Tesla Killer' Zooms Past Sales Expectations By 3-5 Times
Friday, April 19, 2024 - 1:46am | 409The sales of the first electric car by Chinese smartphone manufacturer Xiaomi Corp (OTC:XIACF) have reportedly exceeded expectations by three to five times. What Happened: Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok,...
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China's Newest EV Entrant Ignites Another Fierce Price War — Even Small Fry Feel The Heat
Monday, April 8, 2024 - 8:35am | 472The debut of Xiaomi Corporation’s (OTC:XIACF) electric vehicle (EV) in China has ignited a fierce price war, forcing smaller players to cut prices to protect their market share. What Happened: The launch of Xiaomi’s first EV, the SU7, has led to a price war in the Chinese EV sector,...
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As Apple Tosses Away EV Plans, Chinese Smartphone Titans Rev Up To Dominate Space
Thursday, April 4, 2024 - 7:00am | 707The electric vehicle (EV) market is witnessing a shift in momentum as Apple Inc. (NASDAQ:AAPL) scales back its EV plans, while Chinese smartphone companies are accelerating theirs, potentially reshaping the high-end EV landscape. What Happened: Apple has put a damper on its electric vehicle (EV)...
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Xiaomi CEO Predicts Tesla-Like Success As Chinese EV Debutant's 1st Electric Offering Zooms Off The Lot With Over 100K Orders
Wednesday, April 3, 2024 - 6:21am | 429Chinese tech giant Xiaomi (OTC:XIACF) has reportedly commenced deliveries of its SU7 electric sedan for which it has received over 100,000 orders. What Happened: The smartphone company started delivering its first electric vehicle to customers on Wednesday and held a ceremony to commemorate it in...
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Xiaomi's Tesla Model S Rival SU7 EV Hit By Massive 7-Month Delivery Delay
Monday, April 1, 2024 - 2:17am | 579Chinese tech giant Xiaomi has informed potential buyers of its new SU7 electric sedan about a possible delivery delay of up to seven months. What Happened: Xiaomi started accepting orders for the SU7 on Thursday, with the vehicle’s starting price set at $29,870. Within the first 24 hours, the...
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Xiaomi's SU7 Sedan Aims To Challenge Tesla's Model S With Price Lower Than Entry-Level Model 3
Friday, March 29, 2024 - 12:26am | 499Chinese tech giant Xiaomi (OTCPK: XIACF) on Thursday revealed the official pricing of its first EV- the SU7 sedan. The car, touted to be a rival to Tesla Inc‘s Model S and the Porsche Taycan, is priced way lower than the two. What Happened: The vehicle will have a starting price of 215,900...
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Xiaomi's First Electric Vehicle SU7 To Be Priced Below $70,000
Monday, March 25, 2024 - 8:01am | 404Chinese smartphone maker Xiaomi (OTC:XIACF) on Monday reportedly said that its SU7 sedan, also known as Speed Ultra, will be priced below 500,000 yuan ($69,372). What Happened: This marks the first time the company has confirmed the upper end of its price range, Reuters reported. It has also...