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(OP:
XIACF
)
2.418
-0.012 (-0.49%)
Streaming Delayed Price
Updated: 2:26 PM EDT, Aug 23, 2024
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Xiaomi Hits EV Milestone With 27K SU7 Sales In Q2, Sets Sights On 120K Deliveries Next Year
August 21, 2024
China's latest EV entrant Xiaomi said on Wednesday that it delivered over 27,000 electric vehicles in the three months through June in China.
Via
Benzinga
Apple's Margins Hit Near Decade-Low In China Due To Discounting, Weaker Yuan, Says Analyst: Competitive Pressure Or Management's Deliberate Plan?
August 07, 2024
Apple's Q3 report showed that China was the worst-performing geography and given the country's importance, this data should worry investors.
Via
Benzinga
Will Apple Lay The Case For Easing Into AI Superhighway? Analysts Expect iPhone Maker's Q3 Results To Signal Inflection In Topline Growth
August 01, 2024
Apple is considered a bellwether as its earnings report is considered a proxy for economic health, given the cues it offers regarding consumer spending.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Xiaomi Seeks Major EV Expansion, Acquires Land For $116M
July 29, 2024
Xiaomi buys land in Beijing for $116 million to expand EV production, aiming to meet 2024 sales goal of 100,000 cars. Chinese EV stocks trading lower.
Via
Benzinga
Electric Vehicles Are Bleeding Insurers Money In This Key Market For Tesla And Other Auto Giants: Here's Why
July 28, 2024
The rapid increase in the number of new energy vehicles in China has led to a financial conundrum for the country's insurers. The insurers are finding it challenging to make a profit from insuring...
Via
Benzinga
Xiaomi Revs Up Electric Vehicle Gambit
July 23, 2024
Key Takeaways: Xiaomi received regulatory clearance to mass produce electric vehicles independently, a crucial move as it seeks to ramp up its high-stakes EV drive The smartphone maker’s big EV...
Via
Benzinga
Topics
Electric Vehicles
Exposures
Electric Vehicles
Apple Rides On Heavy Discounts And Promise Of AI To Stabilize iPhone Shipments, But It's Still Losing Out To Chinese Rivals
July 15, 2024
In the second quarter of 2024, both Apple Inc. and Samsung Electronics Co experienced a rise in smartphone shipments. However, the two tech giants saw a decrease in their overall market shares due to...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Xiaomi Showcases SU7 Electric Sedan In India But Clarifies Sales Focus Only On China For 3 Years
July 09, 2024
Xiaomi showcased its SU7 electric sedan in India to celebrate its 10th anniversary, but won't launch it there. It aims to deliver 120k units in China.
Via
Benzinga
Xiaomi EV Boosts Production To Cut Xiaomi SU7 Waiting Times; Targets Over 100,000 Deliveries In 2024
July 02, 2024
Xiaomi EV, the car-making unit of Xiaomi Corp., has reportedly informed potential customers and existing order holders that it is enhancing production capacity to reduce waiting times for the Xiaomi...
Via
Benzinga
How Are BYD, Xiaomi And Nio Boosting Car Sales?
June 24, 2024
Chinese automakers, like BYD Co and Xiaomi Corp, are using livestreaming to attract younger buyers and showcase their technology and performance, following in Tesla's footsteps. This approach is...
Via
Benzinga
Weak China Car Market Puts Brakes On Cheche's Growth
June 05, 2024
Key Takeaways: Cheche’s net revenue rose 1% year-on-year in the first quarter, lagging growth rates for the value and number of transactions on its platform The results indicate both insurance...
Via
Benzinga
Alibaba's 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way
June 03, 2024
Alibaba's 618 shopping festival saw strong momentum with over 185 brands achieving high sales and support for their goal of double-digit revenue growth.
Via
Benzinga
Xiaomi's Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals
May 23, 2024
Xiaomi reported a 27% revenue increase for Q1 2024, reaching RMB75.51 billion. The company's global smartphone shipments rose 33.7% to 40.6 million units, while IoT devices on Xiaomi's AIoT platform...
Via
Benzinga
Another Sanction Failure: The US Blacklisted Xiaomi Three Years Ago Now It Makes EVs
May 21, 2024
Just three years ago, the Chinese company Xiaomi decided to build cars. It succeeded where Apple failed.
Via
Talk Markets
EV Market Set For 20-23% Growth, Led By China-Based Companies Like Nio, XPeng, Li Auto: JPMorgan
May 17, 2024
J.P. Morgan's recent Battery Series provided insights on the industry's future, with 20-23% YoY growth projected for global EV sales in 2024. China leads, while US and Europe have muted expectations....
Via
Benzinga
Tesla Faces Stiff Price Competition In China From Latest Entrants Nio's Onvo L60 And Xiaomi SU7
May 17, 2024
China's latest EV entrants are looking to take on Tesla Inc's market share within the country, with vehicles priced competitively against the American EV giant's best-selling EVs in the country.
Via
Benzinga
Chinese EV Greenhorn Xiaomi Has Already Delivered Its 10,000th EV Within 2 Months Of Launch
May 15, 2024
The SU7 was officially launched on March 28, with deliveries of the Founders Edition commencing on April 3.
Via
Benzinga
Retire Before 50: 7 Must-Own Stocks for Accelerated Wealth Building
May 15, 2024
Seeking stocks for early retirement? These seven could deliver outsized returns to help you retire before 50.
Via
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Where Will Apple Stock Be in 1 Year?
May 06, 2024
The tech titan is still struggling to expand its core businesses.
Via
The Motley Fool
Market Crash Warning: Don’t Get Caught Holding These 3 Auto Stocks
April 30, 2024
Here are three auto stocks to avoid in the event of a market crash due to floundering financials and unrealistic expectations.
Via
InvestorPlace
What Is Going On With Apple? iPhone Sales Drop By Staggering 9.3M Units Globally In Q1 2024 Because Of This Even As Industry Grows 10%: Report
April 30, 2024
Apple iPhone sales have plummeted 16% in the first three months of 2024, starting the year on a bad note for the Tim Cook-led company.
Via
Benzinga
Mobileye Global Hit By Surprise EV Slowdown; This Analyst Turns Bearish
April 26, 2024
Mobileye Global reported a 48% year-on-year decline in revenues for the first quarter.
Via
Benzinga
Xiaomi's Budget EV Makes Waves With 70,000 Lock-In Orders
April 23, 2024
Xiaomi founder Lei Jun said in an investor conference that the company aims to deliver over 100,000 SU7 vehicles this year.
Via
Benzinga
Chinese EV Contender Xiaomi's Budget 'Tesla Killer' Zooms Past Sales Expectations By 3-5 Times
April 19, 2024
Company CEO Lei Jun revealed the unexpected sales figures during a live stream on Douyin, the Chinese equivalent of TikTok, Reuters reported.
Via
Benzinga
China's Newest EV Entrant Ignites Another Fierce Price War — Even Small Fry Feel The Heat
April 08, 2024
Xiaomi's SU7 has a starting price of 215,900 yuan (about $29,850), lower than even the Tesla Model 3 in China.
Via
Benzinga
As Apple Tosses Away EV Plans, Chinese Smartphone Titans Rev Up To Dominate Space
April 04, 2024
Apple has put a damper on its electric vehicle (EV) ambitions, while Chinese smartphone companies are aggressively moving forward, with Xiaomi making a significant entry into the EV market.
Via
Benzinga
Topics
Electric Vehicles
Exposures
Electric Vehicles
Xiaomi CEO Predicts Tesla-Like Success As Chinese EV Debutant's 1st Electric Offering Zooms Off The Lot With Over 100K Orders
April 03, 2024
The SU7 has a starting price of 215,900 yuan (about $29,838), lower than even the Tesla Model 3 in China.
Via
Benzinga
Sell Tesla Stock Now as It Loses Its ‘Magnificent 7’ Shine
April 03, 2024
Tesla continues to face fierce competition in China, so consider the challenging EV-market conditions if you're looking to buy Tesla stock.
Via
InvestorPlace
Chinese EV Makers Scramble To Offer Incentives To Compete With Tesla And "Disruptive" Xiaomi
April 02, 2024
The competition in China's EV world continues to heat up, as the market becomes more and more saturated.
Via
Talk Markets
Xiaomi's Tesla Killer Budget EV Sparks Nearly 15% Rally After Launch, Heats Up Nio, Xpeng Rivalry
April 01, 2024
Chinese smartphone giant Xiaomi saw a 15% surge in its shares on Tuesday, following the launch of its first electric vehicle, the SU7. The new car's competitive pricing and features have significantly...
Via
Benzinga
Topics
Electric Vehicles
Exposures
Electric Vehicles
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