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Xiaomi EV Ups Bet on Smart Driving With New Top Talent
Wang Naiyan, former China CTO of autonomous driving tech firm TuSimple, will join Xiaomi EV, according to local media.
Market Chatter: Xiaomi Hands Back Land Purchased Three Years Earlier to Shanghai Government
The Shanghai city government took back from Xiaomi (HKG:1810) a parcel of land the tech behemoth bought from the government for 1.55 billion yuan three years earlier, Yicai Global reported Thursday, c
Cellphone Maker Xiaomi Has EV Market Buzzing
As the newest Chinese electric vehicle maker, Xiaomi Corp has generated a buzz rarely seen in the history of the country's automotive sector, with both huge excitement and some controversy.
Glass Lewis Controversy Alert: Xiaomi
Glass Lewis raised concerns in its controversy alert for shareholders of Xiaomi (HKG:1810) ahead of the technology firm's annual general meeting scheduled for June 6. The environmental, social, and go
[Broker Focus] Motong increases the target price of Xiaomi Group (01810) by 14% to HK$24, and the gross margin of the automobile business may be quickly corrected
Jinwu Financial News | According to the J.P. Morgan Chase Research Report, Xiaomi Group (01810) will announce its results for the first quarter of this year this year. Benefiting from the healthy gross profit margin of smart phones and artificial intelligence IoT products, strong growth in flagship phones, and stable internet service revenue, it is expected that its core profit performance will remain strong in the first quarter. According to the bank, Xiaomi is still a key catalyst for stock prices, and sales and orders are expected to remain strong in the next few quarters. It is expected that Xiaomi will ship more than 100,000 vehicles in 2024, and launch more models in the next few quarters. The gross margin of the automobile business may quickly rectify and reach 5% by 2025
Xiaomi CEO Visits Nio, Checks Out Onvo L60
Xiaomi founder, chairman and CEO Lei Jun visited Nio's (NYSE: NIO) office campus in Shanghai today and checked out the L60, the first model from the latter's sub-brand Onvo.
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