Xiaomi Corp. reported that its electric-vehicle division generated 20.6 billion yuan ($2.8 billion) in revenue in the second quarter of 2025, marking the first time the unit has surpassed the 20 billion yuan threshold. Including AI-driven innovation businesses, the segment contributed 21.3 billion yuan in total revenue. The division delivered a gross margin of 26.4%,…
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AUDI E5 Sportback: the First Audi without the Four Rings Starts Pre-sale
Price starts at 235900 RMB Yuan. 🚘 AUDI E5 Sportback – Key Highlights 🔹 Brand Shift 🔹 Exterior & Design 🔹 Interior & Tech 🔹 Performance 🔹 Battery & Range 🔹 Launch & Market ✅ In short: The AUDI E5 Sportback marks a bold new era for Audi in China — dropping its century-old badge…
Why Is the Auto Repair Industry Getting Tougher in China?
Even though the number of cars on the road keeps growing, industry reports show that the auto repair sector is facing multiple structural pressures: 1️⃣ New Energy Vehicles (NEVs) Disrupt Traditional Maintenance • NEVs now account for nearly half of new car sales, with much lower service frequency • Maintenance focuses on battery, motor, and…
Why Are Global Carmakers Rushing to Build R&D Centers in China?
Porsche just launched a new R&D center in Shanghai. BMW has built one of its largest R&D systems outside Germany – Right there in China. Mercedes-Benz is expanding its local teams. The trend is clear: Global carmakers are no longer just manufacturing in China – they’re innovating there. Why? 🔹 China offers the world’s largest…
Wow, Xiaomi Just Shook Up the EV Market – Again
At the launch event on June 26, Xiaomi’s Founder, Chairman, and CEO Lei Jun announced the pricing for the all-new Xiaomi YU7: – Standard Version: ¥253,500 (~$35,000)“10,000 RMB cheaper than the Tesla Model Y”– Pro Version: ¥279,900 (~$38,700)“Cheaper by ¥33,600”– Max Version: ¥329,900 (~$45,600) The bold pricing strategy wasn’t just talk. Within just 3 minutes,…
XPeng and Huawei Co-develop AR-HUD System with Proprietary Optical Platform, Debuts on XPeng G7
XPeng and Huawei have jointly launched a new-generation AR-HUD system, featuring full-stack integration from optical hardware to real-time AR rendering. This marks a significant milestone in China’s push toward smart cockpit engineering. 👉 key highlights: – Huawei’s in-house optical platform enables high-brightness, high-contrast display under various ambient lighting – Integrated AR navigation, IMI (Intelligent Man-Machine…
GAC Toyota Integrates Xiaomi’s “Human-Car-Home” Ecosystem
GAC Toyota (Guangzhou Auto – Toyota) is taking a significant step toward ecosystem-level smart mobility by formally integrating with Xiaomi’s “Human-Car-Home” platform. The upcoming bZ7 will be the first model to adopt this integration. 👉 From a technical standpoint, this collaboration introduces: • Open hardware ecosystem interfaces for third-party and Xiaomi-compatible devices • Native support…
Self-Driving Taxi Caught Fire in Beijing
What Happened? On May 13, a self-driving taxi from Pony.ai was driving in Beijing when it suddenly went off the road and into a street median. Then, the car caught on fire 🔥 Luckily, no one was inside the car, and no one got hurt. The company said the car noticed something wrong and tried…
A Tragedy. A Test. A Turning Point.
On March 29, a fatal crash involving Xiaomi’s SU7 sedan claimed three lives. Recently, Lei Jun, CEO of Xiaomi, finally broke his silence. “We’ve been hit by a storm of doubts, criticism and blame,” he admitted in a leaked internal video. He pledged to make Xiaomi’s cars the safest in their class. As an automotive…
Ford Just Pulled the Plug on Its $10 Billion Software Dream
This is wild❗️ This was no side project. FNV4 was supposed to be Ford’s answer to Tesla– A bold, all-in bet on building a unified software brain for future vehicles.– Over-the-air updates, driver-assist subscriptions, digital feature monetization– It was the foundation of a “software-defined” future. Now? Dead. After pouring more than $10 billion into the…