More powerful prototype version of Xiaomi SU7 electric sedan seen testing on the Nurburgring. Hardcore variant is expected to have over 1,000 hp, targeting the Porsche Taycan Turbo GT and Tesla ...

Forbes contributors publish independent expert analyses and insights. I write about the automotive industry and where it is headed next.

Good artists copy. Great artists steal. Steve Jobs popularized that saying. And China’s Xiaomi is happily copying Apple’s ...

TAIPEI -- Top Chinese smartphone maker Xiaomi has launched its long-awaited premium electric sedan as a challenge to Porsche and at a steep discount to the European model in the world's largest ...

Mr. Lei said his goal is that it performs like a Porsche. But at $30,000, it’s a quarter of the price. Xiaomi makes all kinds of electronics, from robot vacuum cleaners to air-conditioners ...

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.