Court Orders Xiaomi SU7 Ultra Deposit Refund Over Exaggerated Hood Claims
A court ruled Xiaomi Auto must refund a buyer’s deposit due to misleading marketing claims.
Latest in EV news, technologies, data and insights from China market
A court ruled Xiaomi Auto must refund a buyer’s deposit due to misleading marketing claims.
Xiaomi is tipped to debut its first range-extender SUV under the independent Skynomad brand in H2 2026.
Former Tesla executive Song Gang has joined Xiaomi Auto as VP, overseeing manufacturing and operations, amid significant management restructuring.
In March, Shanghai saw 40,203 car sales, with BEVs at 56.99%, highlighting significant electrification and consumer preference shifts.
Tesla updated its financing policy, offering a 5-year zero-interest loan, and maintaining low-interest options, amid industry changes.
LandRoads’ Q1 2026 report reveals Tesla’s leading residual value of 82.7%, followed by ONVO benefiting from the BaaS model.
Xiaomi plans to focus on mid-to-high-end electric vehicles, avoiding low-cost models due to cost constraints and brand positioning.
In March, China’s electric SUV market rebounded with significant month-on-month sales growth, led by Tesla Model Y, Li Auto i6, and BYD models.
Kong Yanshuang, ex-Tesla China head, joins Xiaomi to enhance automotive sales amid growth ambitions.
SAIC has deployed its first humanoid robot on a mass-production battery line, marking one of the earliest real-world applications in China’s auto industry.