What are the advantages of China's electric cars in terms of cost? This Wall Street investment bank has done the math.

Barclays pointed out that factors such as battery, supply chain, and economies of scale provide Chinese automakers with up to 40% cost advantage, with BYD Qin Plus gross margin reaching 18%. Benefiting from China's cost advantage, the gross margin of the domestic Tesla Model Y is as high as 24%, about twice that of the overseas version.

wallstreetcnAug 5 05:27 ET

For the first time in four years, apple has dropped out of the top five in China!

In the second quarter, domestic brands accounted for the top five sales of smart phones in China, with Xiaomi replacing Apple as the fifth in sales. Apple's market share in China is 14%, a 2 percentage point decrease from the same period last year.

wallstreetcnJul 26 06:53 ET

Xiaomi's Autos Phase 2 factory is here.

Land acquisition completed.

wallstreetcnJul 25 11:38 ET

Track Hyper | Can Xiaomi MIX Fold 4 compete with its lightweight and imaging capabilities?

Xiaomi joins the "light and thin" foldable phone market. Which of Honor, Vivo, and Xiaomi will dominate the market?

wallstreetcnJul 22 23:43 ET

Lei Jun is going to challenge the ten-million-level racing.

The Long March has just begun.

wallstreetcnJul 19 10:28 ET

"Beautiful Little Waste" attracts Lei Jun to enter the game.

Author: Huang Yu / Editor: Zhou Zhiyu. "Beautiful little waste?" On July 12th, Xiaomi founder Lei Jun's statement on Weibo sparked speculation and discussion. As the most savvy marketer, this entrepreneur undoubtedly created buzz for Xiaomi's upcoming first small folding phone (also known as the "vertical folding phone") and implied that Xiaomi wants to change the stereotype left by previous small folding phones. Xiaomi values its upcoming first small folding phone. Recently, Xiaomi's product manager Wei Siqi revealed to the public that the release conference of Xiaomi MIX Fold 4 (large folding) and Xiaomi MIX Flip (small folding) will be held.

wallstreetcnJul 12 09:00 ET