Xiaomi announces a $28 billion investment in core technology R&D over five years, focusing on AI, chip development.

The Xiaomi YU7 was officially launched this week, and a few Chinese local journalists and influencers have already gotten their hands on the car in static form. But now Telescope may be the first ...

Xiaomi has challenged and beaten Tesla before. Its EV SU7 sedan launched last year has outsold Tesla’s Model 3 in China, selling over 200,000 as of April 2025. However, new orders have been hit ...