China's Xiaomi will fix software in 30,931 SU7 electric vehicles over safety hazards, China's market regulator said on Friday. The affected standard version of SU7 was produced between Feb.6 and Nov.26,

After not even a full year of being on sale, Xiaomi's SU7 electric sports sedan is rapidly grabbing Chinese market share.

Xiaomi’s 15 series launched in China last year sporting the Snapdragon 8 Elite chip. While its global release is still up in the air, the Chinese tech giant is preparing to add an Ultra model to the lineup.

Xiaomi has announced that it’s recalling 30,931 SU7 electric sedans in China due to a software issue affecting the car’s autonomous parking system. The company is rolling out a free over-the-air (OTA) update to address the problem,

Asian equities ended the week on a high note, as Mainland China and Hong Kong outperformed and the Philippines underperformed.

China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told the World Economic Forum.

Apple's iPhone sales in China reportedly took a tumble at the end of 2024, with a considerable reduction in sales putting it in a dead heat with homegrown Xiaomi.

In November, Lei Jun, founder of Xiaomi, announced sales exceeded 100,000 models, and 120,000 sales were within reason. By the end of the year, Jun stated sales had exceeded 135,000 models, more than double the original sales target and with only nine months on the market.

There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice cookers, air purifiers and other gadgets, began selling electric cars last year.

"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, the co-chairman of CATL, told a panel at Davos.

China's Xiaomi will fix software in 30,931 SU7 electric vehicles over safety hazards, in the first such issue the popular sedan has faced since its launch.

Xiaomi’s all-electric sedan, the SU7, outsold Tesla’s Model 3 in China for the first time in December, with the two models recording sales of 25,815 and