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Xiaomi Surges After Setting Sales Date for Tesla, BYD Challenger

(Bloomberg) Xiaomi Corp.’s shares had their biggest intraday jump in more than a year after the company announced it will start selling its long-awaited electric vehicles this month.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapTech CEOs Are Addicted to Taking Needless RisksChina Has Never Canceled This Many Shipments of US WheatThe Beijing-based electronics firm, best known for its smartpho

Xiaomi shares see biggest jump in a year after this announcement

TECH NEWS News: Smartphone giant Xiaomi is entering the crowded Chinese electric vehicle (EV) market dominated by Tesla and BYD.

BAIC s EV brand to launch first Huawei-backed sedan in 2024

BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), plans to launch its first sedan in partnership with Huawei Technologies this year, as Huawei steers into the EV market. The first model co-developed with Huawei is scheduled to hit the Chinese market this year, BAIC BluePark said on Monday, in response to an investor question. The car will be "a high-end intelligent sedan to meet consumers' demand for premium mobility experiences," the state-owned automaker added, without giving specifics.

BAIC s EV brand to launch first Huawei-backed sedan in 2024 | WSAU News/Talk 550 AM · 99 9 FM

BEIJING (Reuters) - BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), plans to launch its first sedan in partnership with Huawei Technologies this year, as Huawei steers into the EV market. The first .

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