
Xiaomi Auto Reports a Net Loss of 1.8 Billion Yuan in Q2, But Surpasses Tesla in Gross Margin
Xiaomi Group saw a record-breaking total revenue of 88.9 billion yuan in its Q2 financial performance, marking a 32% year-on-year increase.
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Xiaomi Group saw a record-breaking total revenue of 88.9 billion yuan in its Q2 financial performance, marking a 32% year-on-year increase.
For the the first time, a Tesla electric vehicle has been included in a Chinese government procurement catalog.
A series of undercover photos showing BYD's new small pure electric vehicle named "Seagull" have recently been leaked on Chinese social media platforms.
In an effort to make cars with reasonable prices and plenty of interior space, Toyota turned to partner BYD for key technologies. Neither company would comment on this news as of Friday.
Currently, the overall personnel scale of Li Auto's chip team is over 160 people, distributed in Beijing, Shanghai, Silicon Valley, and Singapore.
Domestic firm XPeng's new SUV model, which has recently been covertly photographed while carrying out road tests, may become a powerful rival of Tesla's Model Y.
On September 8, China's smart electric vehicle brand Leapmotor announced that the first batch of 60 mini electric vehicles, the T03, were exported to Israel, opening the first step of the brand's overseas expansion.
Two spy photos of BYD’s new sports car were taken in a BYD industrial park. The vehicle was tightly wrapped with camouflage stickers while compared to the BYD Qin that appears next to the new model, this vehicle appears to be a lot closer to the ground.
On Jan 13, Porsche released its latest sales figures, revealing a total delivery of 310,700 vehicles globally in 2024, down 3% year-on-year. While four of its five global regions showed growth, China stood out as the only declining market, seeing 2024 deliveries drop 28% to 56,900.
China's leading carmaker Great Wall Motors has completed its product planning stage for hydrogen fuel-cell passenger cars and plans to launch them under an independent high-end brand.
Through an interactive platform on Monday, Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) officially announced that it would not explore vehicle R&D and would not consider car manufacturing.
Xpeng CEO He Xiaopeng stated in a February 10 post that by late 2025, Xpeng plans to launch a true L3 autonomous driving system.