TuesdayMay 05, 2026 10:00 am

Xiaomi Opens EV Development Facility in Germany as it Targets European Market

Xiaomi is laying the groundwork for a European push, having opened an EV research and design center in Munich last year. The facility, headed by former BMW executive Rudolf Dittrich, focuses on adapting Xiaomi's vehicles to European safety standards, charging infrastructure, and consumer expectations. Germany is slated to be the company's debut overseas market when international sales begin in 2027.  The Chinese technology giant arrived at Auto China 2026 in Beijing carrying considerable momentum. Founder and CEO Lei Jun drew large crowds at the company's booth, his celebrity standing in China on full display. Weeks earlier, he had piloted a Xiaomi SU7 Pro the roughly 810 miles from Beijing to…

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FridayMay 01, 2026 10:00 am

EV Exports Drive Chinese Trade Surplus with the EU

China's trade surplus with the European Union reached a new quarterly record in early 2026, with electric and hybrid vehicle exports a central driver. Mercator Institute for China Studies’ analysis of customs data found that Chinese exports to the EU totaled close to $148 billion in the period. Imports from the bloc came in at approximately $65 billion, leaving a surplus of roughly $83 billion, with the full-year 2025 surplus setting a record at around $431 billion. Chinese EV and hybrid sales to Europe nearly doubled in the period, from approximately $11 billion to just over $20 billion. That represented…

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