Xiaomi CEO Lei Jun awards one million yuan scholarship at Wuhan University · TechNode

Xiaomi CEO Lei Jun awards one million yuan scholarship at Wuhan University · TechNode

On Monday, Xiaomi CEO Lei Jun returned to his alma mater, Wuhan University, for the Lei Jun Scholarship award ceremony—one of the most generous in Chinese universities—where 10 students received a total of 1 million yuan ($140,000). The recipients, selected from fields including computer science, mathematics, electronics, and medicine, were recognized for their innovation and academic excellence. Lei said he established the scholarship because h…

Xiaomi’s Tidal Wave Is Heading for the Auto Industry

The world’s carmakers that have dragged their feet on the switch to electric vehicles better act fast.

Tesla rival Xiaomi raises $5.5 billion as it ramps up EV plans

China’s Xiaomi raised $5.5 billion in an upsized stock sale as the company moves to expand its burgeoning electric vehicle business, following BYD’s (BYDDF) lead.Read more...

Chinese EV maker Xiaomi raises US$5.5 billion to accelerate expansion

The Beijing-based firm sold 800 million new shares at HK$53.25 each, a 6.6 per cent discount to the closing price on Monday.

Xiaomi is about to introduce the second electric car, with YU7 fans will soon be picked up "smoother" SUVs. This is basically the current saloon, only slightly higher. A real SUV for families will probably follow later in 2025. The new electric car from Xiaomi is no longer a secret, but the new photos show it in a "new light". Furthermore Xiaomi shows us only the dark blue paintwork and no further colors. Compared to SU7 one sees well how simila…

In a surprising development, tech giants Samsung and Xiaomi may be moving towards a partnership between the two.