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.
UK Prime Minister Keir Starmer met Chinese President Xi Jinping in Beijing on Thursday (29 January) for talks he hopes will deepen economic ties, sign...
U.S. President Donald Trump urged Iran on Wednesday (28 January) to come to the table and make a deal on nuclear weapons or the next U.S. attack would...
Life will be particularly tough for Ukrainians over the next three weeks due to plunging temperatures and a compromised energy infrastructure that has...
Storm Kristin has killed at least three people and left more than 800,000 residents without electricity across central and northern Portugal, as viole...
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a dec...
Life will be particularly tough for Ukrainians over the next three weeks due to plunging temperatures and a compromised energy infrastructure that has been pummeled by intense Russian attacks, depriving millions of light and heat, a senior lawmaker said on Wednesday.
Storm Kristin has killed at least three people and left more than 800,000 residents without electricity across central and northern Portugal, as violent winds, heavy rain and snowfall battered the country before moving into Spain.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
New York City Mayor Zohran Mamdani has called for tax increases on the city’s wealthiest residents and most profitable corporations, warning that the city is facing a fiscal crisis on a scale greater than the Great Recession.
France’s National Assembly has approved a bill banning access to social media for children under 15, a move backed by President Emmanuel Macron and the government as part of efforts to protect teenagers’ mental and physical health.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
Sanctions are a long-used tool designed as an alternative to military force and with the objective of changing governments’ behaviour, but they also end up hurting civilian citizens.
A routine military training exercise turned into a major recovery mission this week after a catastrophic mudslide swept through a hillside in West Java, Indonesia.
Residents in Syria’s Kurdish-majority city of Qamishli have stepped up volunteer patrols amid growing pressure from the country’s Islamist-led government, expressing deep mistrust of Damascus despite a fragile U.S.-backed ceasefire.
Iranian citizens and businesses are continuing to feel the impact of a nationwide internet shutdown imposed amid a sweeping crackdown on anti-government protests.
Palestine’s ambassador to the United Nations, Riyad Mansour, has said the permanence and success of the Gaza ceasefire depend on a full Israeli withdrawal from the territory and an end to efforts to dictate Gaza’s future.
“After all these demonstrations and internal challenges, Iran does not want to put itself in a position under threat from Mr. Trump or Israel,” political analyst Melih Demirtaş said, commenting on rising U.S.-Iran tensions in the region.
President Shavkat Mirziyoyev has announced wide-ranging reforms to policing and public safety in Tashkent, positioning the capital as a pilot city for a new, service-oriented law-enforcement model aimed at responding to modern security challenges and improving everyday safety for residents.
The Aerospace Committee of Kazakhstan’s Ministry of Digital Development, Innovation and Aerospace Industry has declared 2026 the Year of Visiting Baikonur, marking a strategic shift in how the famous cosmodrome is presented internationally.
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