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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Canadian Prime Minister Mark Carney and French President Emmanuel Macron discussed the war in Ukraine and the situation in Gaza on the sidelines of th...
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 22nd of November, covering the latest developments you need to...
Gunmen in Nigeria kidnapped 303 students and teachers at a Catholic school in the northwest on Friday, the Christian Association of Nigeria (CAN) said, the latest in a spate of school attacks this week that has forced the government to shut 47 colleges.
Canadian Prime Minister Mark Carney and French President Emmanuel Macron discussed the war in Ukraine and the situation in Gaza on the sidelines of the G20 summit in South Africa, the Canadian government said on Saturday.
As host of next year’s COP30 climate summit, Belem is unveiling an ambitious new model for sustainable growth — one that turns the Amazon’s natural abundance into livelihoods while keeping its forests standing.
Leaders of the world’s 20 largest economies convened in South Africa on Saturday for a G20 summit notably boycotted by the United States, as members sought to finalise a draft declaration prepared without U.S. involvement — a move a senior White House official condemned as “shameful.”
The pilot of an Indian fighter jet performing in the Dubai Air Show has died after the aircraft crashed during an aerial display on Friday.
An Indian Tejas fighter jet crashed in a ball of fire during an aerial display at the Dubai Airshow on Friday (November 21), leaving spectators in shock.
Russian President Vladimir Putin visited the command post of the Russian forces “West” grouping on Thursday (20 November), meeting with Chief of Russia’s General Staff Valery Gerasimov and senior military officials, the Kremlin said.
The full 28-point framework outlining a proposed settlement between Ukraine and Russia has been published by Axios, but has yet to be officially published. Drafted by the U.S. administration, it says it's built on security guarantees, territorial provisions and long-term economic arrangements.
Lithuania’s Vilnius airport was temporarily closed on Thursday after smugglers’ balloons appeared on radar, the National Crisis Management Centre said.
The European Union’s message to Georgia is becoming unmistakably sharp. Within just days, EU foreign ministers voiced unprecedented concern over Georgia’s political trajectory — and Brussels abruptly postponed a key Human Rights Dialogue.
Armenian Prime Minister Nikol Pashinyan made his first official visit to Astana, marking a significant event in bilateral relations.
Iranian Foreign Minister Abbas Araghchi and his Russian counterpart Sergei Lavrov have had a telephone conversation following the recent resolution passed by the International Atomic Energy Agency (IAEA).
The Ministry of Energy of Uzbekistan announced a nationwide energy-efficiency programme designed to reduce consumption, modernise standards and meet key obligations under the country’s accession to the World Trade Organization (WTO).
Six children were part of at least 16 people killed in a massive explosion which occurred in Faisalabad, Pakistan on Friday according to local media.
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