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business and its car business consisted of nothing more than a plan approved by the board and a vow by billionaire founder Lei Jun to make it work.This year, the company's assembly lines are set to turn out 300,000 vehicles, and it has already shipped more than 135,000 in less than a year on the market. The wait list for its first car, the SU7, a Porsche look-alike that starts at around $30,000, is around half a year, and Xiaomi's Hong Kong-listed shares have more than tripled in a year.Lei has done what Tesla, Apple, Ford Motor and General Motors have been unable to do: create a hit, inexpensive electric vehicle -- and fast. Tesla took more than a decade from its founding to reach the 300,000-vehicle production level. Fifteen-year-old EV truck maker Rivian made one-sixth that number last year.While their overall share is still small, Chinese EV makers are grabbing a bigger chunk of the car market in Europe and Southeast Asia. One sign","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1582987597.SGD","LU0353189680.USD","MACW.SI","LU2237438978.USD","LU0170899867.USD","LU2023250843.SGD","LU2191332357.HKD","MKR.USD.CC","LU0868494708.USD","LU0359202008.SGD","LU2065169927.USD","MKR.USD.HKCC","LU1145028129.USD","IE0034224299.USD","BK1502","LU0942090050.USD","LU0661504455.SGD","BK4551","LU1770036033.HKD","LU1861220033.SGD","LU1868837300.USD","LU0164865239.USD","LU2237443549.SGD","81810","BK1607","GM","IE0009356076.USD","HK0000320223.HKD","LU1506573853.SGD","LU0540923850.HKD","LU1861215975.USD","LU2092627202.USD","XIACY","LU0061474960.USD","LU0154236417.USD","LU0672654240.SGD","LU0097036916.USD","LU1582986359.USD","LU0345770308.USD","LU2471134523.USD","LU0466842654.USD","F","LU1770034418.SGD","LU1914381329.SGD","TSYW.SI","LU0820561818.USD","01810","LU2750360641.GBP"],"gpt_icon":1},{"id":"2514167310","title":"Chinese mainland investors drive surge in Hong Kong stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2514167310","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514167310?lang=en_us&edition=fundamental","pubTime":"2025-02-28 16:54","pubTimestamp":1740732870,"startTime":"0","endTime":"0","summary":"Chinese mainland investors drive surge in Hong Kong stocks SHANGHAI, Feb 28 (Reuters) - China's mainland investors have played an unprecedented role in a rally on Hong Kong's equity market that has pu","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nL3N3PI0FK:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SG9999000418.SGD","09988","81810","BK1526","HTCD.SI","LU0823397103.USD","LU1883866441.USD","LU0203345920.USD","80700","LU1366334651.USD","TCEHY","LU2097828631.EUR","SG9999014906.USD","IE00BMPRXR70.SGD","LU0293314216.USD","LU0572944931.SGD","SG9999001093.SGD","LU1224444064.USD","IE00BZ08YS42.EUR","LU2097828557.USD","LU2257852520.SGD","LU0791591158.USD","BABA","LU0640798160.USD","IE00BZ08YR35.GBP","LU0541502299.USD","LU1196710864.SGD","LU0823426308.USD","LU0384037296.USD","LU2293587155.HKD","LU0188438112.USD","LU0149721374.USD","00700","LU0348735423.USD","LU0577902611.USD","LU1733274473.HKD","LU0326950275.SGD","HBBD.SI","LU0882747503.HKD","LU1880398471.USD","LU1960683339.HKD","89988","IE00B97KM107.HKD","SGXZ31699556.SGD","XIACY","01810","LU0516422440.USD","SG9999018857.SGD","BK1516","LU0128522157.USD"],"gpt_icon":1},{"id":"1123460512","title":"Hong Kong Stocks Close Sharply Lower as Trump Escalates China Tariff Threat; Li Auto Sinks 8%; Alibaba Drops 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1123460512","media":"Market Watcher","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1123460512?lang=en_us&edition=fundamental","pubTime":"2025-02-28 16:25","pubTimestamp":1740731159,"startTime":"0","endTime":"0","summary":"Hong Kong stocks fell on Friday after heavy selling on Wall Street as traders grappled with underwhelming Nvidia Corp. results, further details on US tariffs and mixed economic data.The Hang Seng Index fell 1.8%, while the Hang Seng Tech Index dropped 3.1%.SMIC and Li Auto fell 6%; XPeng, BYD, and Alibaba fell 4%; Meituan, Bilibili, Xiaomi, and Baidu fell 3%; Catering stocks jumped again in Hong Kong as Mixue Group's IPO neared, drawing investor interest. Nayuki Holdings rose 14%; Chabaidao rose","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["09626","01810","09988","01024","09898","02202","HSTECH","00700","HSCEI","09888","TCEHY","09999","03690","09618","09866","09868","HSI","09961","02015","00981","01211"],"gpt_icon":1},{"id":"2514397552","title":"Market Chatter: Xiaomi Cuts Luxury EV Sedan's Price by 35%","url":"https://stock-news.laohu8.com/highlight/detail?id=2514397552","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514397552?lang=en_us&edition=fundamental","pubTime":"2025-02-28 14:29","pubTimestamp":1740724141,"startTime":"0","endTime":"0","summary":"Xiaomi  slashed its luxury electric sedan SU7 Ultra's price to 529,900 yuan, down 35% from its initial price of 814,900 yuan, Reuters reported Thursday.Chief Executive Lei Jun said the SU7 Ultra targets drivers of BMW 5 series, Audi A6, and Mercedes-Benz E-class cars, according to the report.Following the car's official launch in Beijing on Thursday, Lei said Xiaomi received 6,900 orders within 10 minutes, Reuters wrote.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0359202008.SGD","LU0708995583.HKD","LU0823397285.USD","LU0634319403.HKD","LU1770036033.HKD","LU0327786744.USD","LU1808992512.USD","LU0823397103.USD","LU2399975544.HKD","LU0823426308.USD","513600","LU0348735423.USD","LU0499858438.USD","81810","LU0348816934.USD","XIACY","HSI","IE0034224299.USD","LU1303224171.USD","LU1770034418.SGD","LU0417516902.SGD","HHImain","LU0572944931.SGD","LU1813983027.USD","LU0314109678.HKD","LU0359201612.USD","LU1880383440.USD","LU1961090484.USD","LU2097828474.EUR","01810","BK1193","LU0823426480.USD","LU1794554557.SGD","02833","MCHmain","LU1719994722.HKD","LU0345775950.USD","LU0039217434.USD","LU0588546209.SGD","LU0918141887.USD","BK1506","LU2226246903.HKD","LU0359201885.HKD","LU0164880469.USD","LU1328277881.USD","LU0307460666.USD","LU1481107354.HKD","LU0823413587.USD","LU0540923850.HKD","LU0164865239.USD"],"gpt_icon":1},{"id":"2514604033","title":"Xiaomi Launches New Luxury Car Model With Cheaper-Than-Expected Price Tag","url":"https://stock-news.laohu8.com/highlight/detail?id=2514604033","media":"Dow Jones","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514604033?lang=en_us&edition=fundamental","pubTime":"2025-02-28 11:21","pubTimestamp":1740712860,"startTime":"0","endTime":"0","summary":"Chinese consumer-electronics giant Xiaomi launched its new luxury electric vehicle with a lower-than-expected price tag, as competition ramps up in China's electric-vehicle market.Xiaomi is selling its new four-door SU7 Ultra sedan at a starting price of 529,900 yuan, equivalent to around $73,000, Chief Executive Lei Jun said late Thursday. That is 35% lower than the 814,900 yuan starting price quoted when presales started in October.Earlier this month, Lei had said Xiaomi's 2025 sales target for the SU7 Ultra model was 10,000 units.Xiaomi is marketing the new sedan as a luxury model, targeting the high-end segment, which Deutsche Bank analyst Bin Wang says marks the company's entry into the luxury EV market.The SU7 Ultra will be equipped with Xiaomi's autonomous-driving technology, which Wang thinks should help the company grow its market share.Overall, Xiaomi said it aims to sell 300,000 vehicles in 2025.Xiaomi's shares were last down 1.1% at 52.50 Hong Kong dollars, equivalent to US","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Xiaomi Launches New Luxury Car Model With Cheaper-Than-Expected Price Tag","news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0823397285.USD","LU0417516738.SGD","XIACY","LU0797268264.HKD","LU0149721374.USD","LU1719994722.HKD","BK1523","LU0359202008.SGD","LU1880383440.USD","BK1502","LU0314109678.HKD","LU0634319403.HKD","LU0531971595.HKD","LU1105468828.SGD","LU0499858438.USD","LU1961090484.USD","LU0823413587.USD","LU0708995583.HKD","LU1880383366.USD","BK1521","LU0051755006.USD","BK1506","LU0164865239.USD","LU1808992512.USD","LU1328277881.USD","LU0348814723.USD","LU0359201885.HKD","LU1023057109.AUD","LU0871576103.HKD","LU0588546209.SGD","LU0572944931.SGD","LU0700851271.USD","LU1251922891.USD","01810","LU1303224171.USD","LU0540923850.HKD","LU0320764599.SGD","LU0456846285.SGD","LU1770036033.HKD","LU0823426308.USD","LU0918141887.USD","LU2097828805.USD","LU1481107354.HKD","LU0164880469.USD","81810","LU1794554557.SGD","LU0417516902.SGD","LU1813983027.USD","LU2039709279.SGD","LU2399975544.HKD"],"gpt_icon":1},{"id":"1110082086","title":"Xiaomi Stock Turns Positive, Erasing Earlier Losses","url":"https://stock-news.laohu8.com/highlight/detail?id=1110082086","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1110082086?lang=en_us&edition=fundamental","pubTime":"2025-02-28 10:29","pubTimestamp":1740709765,"startTime":"0","endTime":"0","summary":"Xiaomi Stock Turns Positive, Erasing Earlier Losses","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810"],"gpt_icon":1},{"id":"2514580724","title":"China's Xiaomi prices luxury electric sedan 35% lower than initially promoted","url":"https://stock-news.laohu8.com/highlight/detail?id=2514580724","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514580724?lang=en_us&edition=fundamental","pubTime":"2025-02-27 21:49","pubTimestamp":1740664142,"startTime":"0","endTime":"0","summary":"UPDATE 2-China's Xiaomi prices luxury electric sedan 35% lower than initially promotedXiaomi prices SU7 Ultra from 529,900 yuan, down from 814,900 yuan initiallyCEO says price cut aimed to expand appeal to more buyersSU7 Ultra initially priced to be on par with Tesla Model S PlaidUpdates with details on Xiaomi's aim to compete against Tesla and Porsche, background. The SU7 Ultra has more premium exterior and interior materials, seats and audio speakers compared to other cheaper SU7 models, Lei said. A limited-edition of the SU7 Ultra luxury EV, whose specifications are yet to be disclosed, still sells for 814,900 yuan.Buyers placing orders for the SU7 Ultra before the end of March are entitled to perks including lifelong free access to Xiaomi HAD end-to-end intelligent driving system that retails for 26,000 yuan, said Lei.Lei also took aim at Tesla, making reference to the U.S. carmaker's update to its autopilot software in China, which \"has gone viral over the past two days, but still","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nL2N3PI0LJ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1794554557.SGD","LU2357305700.SGD","LU1852331112.SGD","81810","LU0051755006.USD","LU1282648689.USD","LU0345769128.USD","LU0871576103.HKD","LU1481107354.HKD","BK4574","LU0689472784.USD","LU2250418816.HKD","SG9999015952.SGD","LU1303224171.USD","LU1429558221.USD","TSYW.SI","SG9999002463.SGD","LU2750360997.AUD","LU0359201885.HKD","LU2097828474.EUR","LU1914381329.SGD","LU1861215975.USD","LU1861220033.SGD","BK4511","LU0634319403.HKD","LU0823413587.USD","BK4516","LU2471134879.HKD","IE00BK4W5M84.HKD","LU2471134796.USD","LU0316494557.USD","BK1575","LU1066053197.SGD","LU0964807845.USD","BK4550","LU1551013425.SGD","XIACY","LU2756315318.SGD","LU0348827113.USD","LU1880383440.USD","LU0077335932.USD","LU1435385759.SGD","01810","LU0097036916.USD","LU0611395673.USD","LU1066051225.USD","LU1719994722.HKD","BK4543","BK4592"],"gpt_icon":1},{"id":"1183254587","title":"Xiaomi Prices Luxury Electric Sedan 35% Lower Than Initially Promoted","url":"https://stock-news.laohu8.com/highlight/detail?id=1183254587","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1183254587?lang=en_us&edition=fundamental","pubTime":"2025-02-27 21:16","pubTimestamp":1740662187,"startTime":"0","endTime":"0","summary":"Xiaomifounder and CEO Lei Jun unveils Xiaomi's new EV sedan SU7 Ultra during an event in Beijing, China October 29, 2024. REUTERSBEIJING, Feb 27  - Chinese electric vehicle maker Xiaomi on Thursday priced its luxury electric sedan, the SU7 Ultra, at 529,900 yuan .The final price of the car announced by founder Lei Jun at is much lower than the initial sticker price of 814,900 yuan for pre-orders when the car made its debut at the end of October.","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Xiaomi Prices Luxury Electric Sedan 35% Lower Than Initially Promoted","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810","XIACY"],"gpt_icon":1},{"id":"2514680445","title":"Xiaomi prices luxury electric sedan at $72,932","url":"https://stock-news.laohu8.com/highlight/detail?id=2514680445","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514680445?lang=en_us&edition=fundamental","pubTime":"2025-02-27 21:03","pubTimestamp":1740661429,"startTime":"0","endTime":"0","summary":"Xiaomi prices luxury electric sedan at $72,932BEIJING, Feb 27  - Chinese electric vehicle maker Xiaomi 1810.HK on Thursday priced its luxury electric sedan, the SU7 Ultra, at 529,900 yuan  .The final price of the car announced by founder Lei Jun at is much lower than the initial sticker price of 814,900 yuan for pre-orders when the car made its debut at the end of October.  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$894","news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1794554557.SGD","BK1607","BK1502","LU0348825331.USD","LU1880383366.USD","81810","LU0051755006.USD","LU0823397103.USD","LU2399975544.HKD","LU1956131251.USD","LU0561508036.HKD","LU0314109678.HKD","LU0572944931.SGD","LU0417516902.SGD","LU0708995583.HKD","LU2097828557.USD","LU1481107354.HKD","LU0823397285.USD","LU0918141705.HKD","LU0039217434.USD","LU0417516738.SGD","LU1303224171.USD","LU0327786744.USD","BK1506","LU0149721374.USD","LU0531971595.HKD","LU0348735423.USD","LU1770036033.HKD","LU0823426480.USD","LU0634319403.HKD","LU0823413587.USD","LU0052750758.USD","LU1770034418.SGD","LU0499858602.USD","LU2476274308.USD","LU0359202008.SGD","LU0700851271.USD","BK1575","XIACY","LU0456827905.SGD","LU0211977185.USD","LU1813983027.USD","01810","LU2778985437.USD","LU0345776255.USD","LU0456846285.SGD","LU1719994722.HKD","LU0345775950.USD","LU0164880469.USD","BK1521"],"gpt_icon":1},{"id":"2514380690","title":"BRIEF-Xiaomi Unveils $112,250 Electric Sedan In Challenge To Porsche - Nikkei","url":"https://stock-news.laohu8.com/highlight/detail?id=2514380690","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514380690?lang=en_us&edition=fundamental","pubTime":"2025-02-27 20:22","pubTimestamp":1740658979,"startTime":"0","endTime":"0","summary":"BRIEF-Xiaomi Unveils $112,250 Electric Sedan In Challenge To Porsche - NikkeiFeb 27 (Reuters) - NIKKEI:XIAOMI UNVEILS $112,250 ELECTRIC SEDAN IN CHALLENGE TO PORSCHE Further company coverage: 1810.HK 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