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Lei Jun

China’s shirt-and-tie car makers join EV upstarts in live streaming to shed stuffy image

by Anas Siddiqui
China’s shirt-and-tie car makers join EV upstarts in live streaming to shed stuffy image

“If you’re not live streaming these days you’re kind of a dinosaur,” said Mark Tanner, managing director of Shanghai-based marketing firm China Skinny. “If you can come up with something …

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Alibaba courts CEOs to start live-streaming on Taobao during 618 shopping festival

by Anas Siddiqui
Alibaba courts CEOs to start live-streaming on Taobao during 618 shopping festival

Alibaba Group Holding is pushing CEOs to live-stream on its domestic e-commerce platform Taobao, as the tech giant ramps up efforts to win back consumers from rising rival Pinduoduo and …

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Xiaomi’s success means more trouble for battered China electric vehicle stocks

by Anas Siddiqui
Xiaomi’s success means more trouble for battered China electric vehicle stocks

In stark contrast to Apple’s failed car dreams, Xiaomi and Huawei Technologies are demonstrating early success in transferring their smartphone prowess into the crowded EV market, where rampant price competition …

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Toyota’s Hybrid Sales Are Far Outpacing Its EV Growth

by Horatio Thompson
Toyota’s Hybrid Sales Are Far Outpacing Its EV Growth

Good morning! It’s Wednesday, April 3, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Chinese smartphone giant Xiaomi sees robust demand for first EV, even as buyers face delivery wait times of more than 5 months

by Anas Siddiqui
Chinese smartphone giant Xiaomi sees robust demand for first EV, even as buyers face delivery wait times of more than 5 months

Chinese smartphone giant Xiaomi is seeing continued strong demand for its first electric vehicle (EV) – the SU7, short for Speed Ultra 7 – even as potential buyers face delivery …

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Smartphone maker Xiaomi makes waves in crowded EV market with its keenly-priced SU7 model

by Anas Siddiqui
Smartphone maker Xiaomi makes waves in crowded EV market with its keenly-priced SU7 model

Xiaomi has got off to a racing start in the country’s crowded electric vehicle (EV) market, after saying it sold around 50,000 vehicles within half an hour of the launch …

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Xiaomi SU7 Price Teased by CEO Lei Jun Ahead of Official Launch

by Maya Ortiz
Xiaomi SU7 Price Teased by CEO Lei Jun Ahead of Official Launch

Xiaomi’s CEO said on Monday his goal for the firm’s first electric vehicle was that it would be the “best looking, easiest to drive and smartest car” priced below CNY …

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Xiaomi CEO teases price of company’s first car, showrooms begin displaying vehicle

by Horatio Thompson
Xiaomi CEO teases price of company’s first car, showrooms begin displaying vehicle

Xiaomi’s CEO said on Monday his goal for the firm’s first electric vehicle was that it would be the “best looking, easiest to drive and smartest car” priced below 500,000 …

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Chinese EV players surprised by Apple’s decision to cancel car project, with Xiaomi CEO Lei saying he remains committed

by Anas Siddiqui
Chinese EV players surprised by Apple’s decision to cancel car project, with Xiaomi CEO Lei saying he remains committed

Lei Jun, founder and chairman of leading Chinese smartphone manufacturer Xiaomi, which unveiled its first car late last year, said in a Weibo post on Wednesday that he was “very …

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You Thought Taycan Turbo Was Bad? Smartphone Maker Xiaomi’s First Car Has Electric Motors Named V6 And V8

by Horatio Thompson
You Thought Taycan Turbo Was Bad? Smartphone Maker Xiaomi’s First Car Has Electric Motors Named V6 And V8

When the Porsche Taycan debuted in 2019, purists were infuriated by Porsche’s decision to name the top trim level “Turbo” despite the car being fully electric and not actually having …

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