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Xiaomi SU7 Sees Strong Launch with 15,000 Orders in 34 Minutes
Xiaomi Accelerates EV Push as SU7 Deliveries Hit 5,000 in First Week Xiaomi, led by CEO Lei Jun, reported a strong market response to the 2026 Xiaomi SU7, with first-week deliveries reaching between 4,000 and 5,000 units. The model, launched on March 19, quickly gained traction, securing around 15,000 orders within just 34 minutes. Xiaomi’s […]
BYD Cuts 100,000 Jobs in 2025 Amid Restructuring Drive
BYD Workforce Drops to 870,000 as Efficiency Measures Take Effect BYD reduced its workforce to around 870,000 employees in 2025, cutting nearly 100,000 jobs as part of restructuring and efficiency improvements. The company emphasized that the move was aimed at cost optimization rather than declining demand, reflecting a broader industry shift toward operational efficiency in […]
BYD Hits 5,000 Flash Charging Stations, Targets 20,000 by 2026
BYD’s Flash Charging Push Intensifies Race in China’s EV Infrastructure Market BYD has reached a major milestone by launching its 5,000th flash charging station in China, located along the Qinglan Expressway near Lanzhou. This expansion is part of its “Flash Charging China” initiative, which now spans 297 cities and reflects the company’s aggressive push to […]
China’s BYD confident of reaching 1.5 million unit overseas sales in 2026
BEIJING, March 30 (Reuters) – BYD (002594.SZ), opens new tab is “highly confident” of reaching its 2026 overseas sales target of 1.5 million vehicles or even higher, the company told analysts during its post-earnings call on Monday. The ‌Chinese EV giant said overseas markets could eventually account for about half of its business, according to […]

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