Tech company Xiaomi says it will consider selling its electric vehicles (EV) outside China starting in 2027, CEO Lei Jun said, citing strong local demand for its SU7 sedan and newly launched YU7 SUV.
Speaking during a livestream on Wednesday, Lei Jun said the company must prioritise domestic orders before looking abroad.
“We’ll strive to ramp up capacity,” he added, without detailing plans to address long waiting times.
Xiaomi’s SU7 electric sedan has outsold Tesla’s Model 3 in China on a monthly basis since December, while the YU7 SUV attracted strong interest, receiving a surge of orders within 18 hours of its launch on 27 June. Customers have since been told they may wait more than a year for delivery, prompting complaints on social media.
The firm had previously identified 2027 as a potential starting point for international EV shipments but had not confirmed its intention until now.
Xiaomi, known primarily for smartphones, is among a growing number of Chinese tech companies entering the electric vehicle market. The company’s early sales success reflects growing domestic appetite for homegrown EV brands and pressure on global rivals like Tesla.
Shares in Xiaomi have surged to a record high following the YU7’s debut. However, concerns over production capacity and fulfilment timelines remain, as the company works to establish itself as a serious automotive contender.
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Australia vowed stricter gun laws on Monday as it began mourning victims of its worst mass shooting in almost 30 years, in which police accused a father-and-son duo of killing 16 people at a Jewish Hanukkah celebration at Sydney’s Bondi Beach.
China has announced plans to fully cover childbirth-related costs for families as authorities move to incentivise young couples to have more children.
UNESCO is preparing to celebrate the first ever World Turkic Language Family Day on 15 December, following a decision by UNESCO’s General Conference in Samarkand establishing the date as an annual observance.
Azerbaijan and Pakistan are bolstering bilateral ties and cooperation across energy, defence, trade and regional connectivity. This was highlighted at a high-level meeting of the two countries’ foreign ministers in Abu Dhabi, United Arab Emirates, on Sunday, 14 December.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman, detaining all 18 crew members on board.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
UNESCO is preparing to celebrate the first ever World Turkic Language Family Day on 15 December, following a decision by UNESCO’s General Conference in Samarkand establishing the date as an annual observance.
Azerbaijan and Pakistan are bolstering bilateral ties and cooperation across energy, defence, trade and regional connectivity. This was highlighted at a high-level meeting of the two countries’ foreign ministers in Abu Dhabi, United Arab Emirates, on Sunday, 14 December.
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman, detaining all 18 crew members on board.
The Israeli military said Raed Saed, described as one of the architects of the October 7, 2023 attacks on Israel, was killed on Saturday when a vehicle was hit in Gaza City.
A flash of light followed by the sound of an explosion was observed over Gaza early on Saturday, according to witnesses, as severe winter storms worsened an already dire humanitarian crisis in the territory.
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