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(OP: XIACF )

5.690 +0.150 (+2.71%)
Streaming Delayed Price Updated: 3:50 PM EST, Feb 14, 2025 Add to My Watchlist
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Xiaomi Seeks Major EV Expansion, Acquires Land For $116M
Xiaomi buys land in Beijing for $116 million to expand EV production, aiming to meet 2024 sales goal of 100,000 cars. Chinese EV stocks trading lower. 
Via Benzinga
Electric Vehicles Are Bleeding Insurers Money In This Key Market For Tesla And Other Auto Giants: Here's Why
The rapid increase in the number of new energy vehicles in China has led to a financial conundrum for the country's insurers. The insurers are finding it challenging to make a profit from insuring... 
Via Benzinga
Xiaomi Revs Up Electric Vehicle Gambit
Key Takeaways: Xiaomi received regulatory clearance to mass produce electric vehicles independently, a crucial move as it seeks to ramp up its high-stakes EV drive The smartphone maker’s big EV... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Apple Rides On Heavy Discounts And Promise Of AI To Stabilize iPhone Shipments, But It's Still Losing Out To Chinese Rivals
In the second quarter of 2024, both Apple Inc. and Samsung Electronics Co experienced a rise in smartphone shipments. However, the two tech giants saw a decrease in their overall market shares due to... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Xiaomi Showcases SU7 Electric Sedan In India But Clarifies Sales Focus Only On China For 3 Years
Xiaomi showcased its SU7 electric sedan in India to celebrate its 10th anniversary, but won't launch it there. It aims to deliver 120k units in China. 
Via Benzinga
Xiaomi EV Boosts Production To Cut Xiaomi SU7 Waiting Times; Targets Over 100,000 Deliveries In 2024
Xiaomi EV, the car-making unit of Xiaomi Corp., has reportedly informed potential customers and existing order holders that it is enhancing production capacity to reduce waiting times for the Xiaomi... 
Via Benzinga
How Are BYD, Xiaomi And Nio Boosting Car Sales?
Chinese automakers, like BYD Co and Xiaomi Corp, are using livestreaming to attract younger buyers and showcase their technology and performance, following in Tesla's footsteps. This approach is... 
Via Benzinga
Weak China Car Market Puts Brakes On Cheche's Growth
Key Takeaways: Cheche’s net revenue rose 1% year-on-year in the first quarter, lagging growth rates for the value and number of transactions on its platform The results indicate both insurance... 
Via Benzinga
Alibaba's 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way
Alibaba's 618 shopping festival saw strong momentum with over 185 brands achieving high sales and support for their goal of double-digit revenue growth. 
Via Benzinga
Xiaomi's Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals
Xiaomi reported a 27% revenue increase for Q1 2024, reaching RMB75.51 billion. The company's global smartphone shipments rose 33.7% to 40.6 million units, while IoT devices on Xiaomi's AIoT platform... 
Via Benzinga
Another Sanction Failure: The US Blacklisted Xiaomi Three Years Ago Now It Makes EVs
Just three years ago, the Chinese company Xiaomi decided to build cars. It succeeded where Apple failed. 
Via Talk Markets
EV Market Set For 20-23% Growth, Led By China-Based Companies Like Nio, XPeng, Li Auto: JPMorgan
J.P. Morgan's recent Battery Series provided insights on the industry's future, with 20-23% YoY growth projected for global EV sales in 2024. China leads, while US and Europe have muted expectations.... 
Via Benzinga
Tesla Faces Stiff Price Competition In China From Latest Entrants Nio's Onvo L60 And Xiaomi SU7
China's latest EV entrants are looking to take on Tesla Inc's market share within the country, with vehicles priced competitively against the American EV giant's best-selling EVs in the country. 
Via Benzinga
Chinese EV Greenhorn Xiaomi Has Already Delivered Its 10,000th EV Within 2 Months Of Launch
The SU7 was officially launched on March 28, with deliveries of the Founders Edition commencing on April 3. 
Via Benzinga
Retire Before 50: 7 Must-Own Stocks for Accelerated Wealth Building
Seeking stocks for early retirement? These seven could deliver outsized returns to help you retire before 50. 
Via InvestorPlace
Where Will Apple Stock Be in 1 Year?
The tech titan is still struggling to expand its core businesses. 
Via The Motley Fool
Market Crash Warning: Don’t Get Caught Holding These 3 Auto Stocks
Here are three auto stocks to avoid in the event of a market crash due to floundering financials and unrealistic expectations. 
Via InvestorPlace
What Is Going On With Apple? iPhone Sales Drop By Staggering 9.3M Units Globally In Q1 2024 Because Of This Even As Industry Grows 10%: Report
Apple iPhone sales have plummeted 16% in the first three months of 2024, starting the year on a bad note for the Tim Cook-led company. 
Via Benzinga
Mobileye Global Hit By Surprise EV Slowdown; This Analyst Turns Bearish
Mobileye Global reported a 48% year-on-year decline in revenues for the first quarter. 
Via Benzinga
Xiaomi's Budget EV Makes Waves With 70,000 Lock-In Orders
Xiaomi founder Lei Jun said in an investor conference that the company aims to deliver over 100,000 SU7 vehicles this year. 
Via Benzinga
Chinese EV Contender Xiaomi's Budget 'Tesla Killer' Zooms Past Sales Expectations By 3-5 Times
Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok, Reuters reported. 
Via Benzinga
China's Newest EV Entrant Ignites Another Fierce Price War — Even Small Fry Feel The Heat
Xiaomi's SU7 has a starting price of 215,900 yuan (about $29,850), lower than even the Tesla Model 3 in China. 
Via Benzinga
As Apple Tosses Away EV Plans, Chinese Smartphone Titans Rev Up To Dominate Space
Apple has put a damper on its electric vehicle (EV) ambitions, while Chinese smartphone companies are aggressively moving forward, with Xiaomi making a significant entry into the EV market. 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Xiaomi CEO Predicts Tesla-Like Success As Chinese EV Debutant's 1st Electric Offering Zooms Off The Lot With Over 100K Orders
The SU7 has a starting price of 215,900 yuan (about $29,838), lower than even the Tesla Model 3 in China. 
Via Benzinga
Sell Tesla Stock Now as It Loses Its ‘Magnificent 7’ Shine
Tesla continues to face fierce competition in China, so consider the challenging EV-market conditions if you're looking to buy Tesla stock. 
Via InvestorPlace
Chinese EV Makers Scramble To Offer Incentives To Compete With Tesla And "Disruptive" Xiaomi
The competition in China's EV world continues to heat up, as the market becomes more and more saturated. 
Via Talk Markets
Xiaomi's Tesla Killer Budget EV Sparks Nearly 15% Rally After Launch, Heats Up Nio, Xpeng Rivalry
Chinese smartphone giant Xiaomi saw a 15% surge in its shares on Tuesday, following the launch of its first electric vehicle, the SU7. The new car's competitive pricing and features have significantly... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Not Content At Being An Apple Killer, Xiaomi Challenges Elon Musk's Tesla, Rakes In 120K Orders For First EV In 36 Hours
Chinese tech giant Xiaomi as officially entered the electric vehicle market with its first offering, the SU7 sedan. The vehicle has already received an overwhelming response, with 120,000 orders placed... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Xiaomi's SU7 Sedan Aims To Challenge Tesla's Model S With Price Lower Than Entry-Level Model 3
Xiaomi's first electric vehicle, the SU7 sedan, will be priced below $70,000, making it significantly cheaper than Tesla's Model S and Porsche Taycan. 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Xiaomi's First Electric Vehicle SU7 To Be Priced Below $70,000
The SU7 will be available in two versions, with a driving range of up to 668km (415 miles) on a single charge and another with a range of up to 800km. 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
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