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Monday, March 2, 2026

Tag: EV market

Xiaomi EV Division Turns Profitable, Aims for Top 5 Carmaker Spot

Xiaomi's electric vehicle business achieves first quarterly profit with $98 million earnings, beating delivery targets and earning Ford CEO's praise.

BYD Recalls 115,000 EVs in China Over Critical Component Defects

World's largest EV maker recalls vehicles due to faulty motor controllers and battery waterproofing issues amid sales decline and market challenges.