
Xiaomi to cooperate with police after fatal crash involving SU7 EV's self-driving feature
Xiaomi will cooperate with the police after an accident involving the
autonomous driving feature of its
SU7 electric vehicle (EV) claimed three lives, sparking concern over the rapid proliferation of self-navigating systems on the mainland.
Advertisement
Shares of Xiaomi, a leading smartphone maker that launched its first EV last year, slumped 5.5 per cent to HK$46.50 on Tuesday after the Beijing-based company said the accident occurred when the car's self-driving system was turned on.
'We have submitted the driving data and relevant operational information that we collected to the police,' Xiaomi said in a statement on its Weibo social media account on Tuesday. 'We will fully cooperate with the police and ensure that the accident is handled openly and transparently based on the result of the investigations.'
The company said it felt 'deeply regretful' over the tragedy, which took place in Tongling, in eastern Anhui province on Saturday.
Xiaomi's SU7 EV became an instant hit following its launch year. Photo: Xinhua
Xiaomi said the car was travelling at 116kph on a highway with the driver assistance system in operating mode, adding that the system alerted the driver to take over the vehicle two seconds before it hit a concrete barrier.
Advertisement
While Xiaomi did not mention the number of fatalities involved, the mother of the driver said in a social media post that three people – the driver and two passengers – died in the crash.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


HKFP
2 hours ago
- HKFP
Hong Kong pro-democracy business hit with ‘unwarranted' tax demand, owner says
A Hong Kong pro-democracy shop owner has said his business is facing 'unwarranted' tax demands. Derek Chu, an ex-district councillor and the owner of e-commerce company As One, said on Tuesday that the Inland Revenue Department (IRD) demanded in April that his business pay HK$120,075 in profit tax for the financial year 2023-24. The tax assessment would mean As One made a profit of about HK$1.5 million in 2023-24, but in reality, his shop only recorded a profit of less than HK$100,000, Chu told HKFP in a phone interview. Most of As One's HK$4 million income last year was spent on salaries, rent, and restocking products, he added. 'The numbers should have been obvious to the IRD,' Chu said. 'I don't know how they could see that much profit.' The shop owner, who also founded the prisoners' rights advocacy group Waiting Bird, accused the IRD of 'targeting' his business and said he decided to speak up about the tax demand to 'set the record straight.' 'It's about telling people that what the IRD did was completely unwarranted,' he said. HKFP has contacted the IRD for comment. Part of As One's business model is selling gift packages for prisoners, which accounted for about a third of the shop's income, according to an Instagram post published on Monday. The company relies on loans from Chu's family members to maintain cash flow, and it has accumulated debts totalling over HK$1 million since the business started in 2021, he said. He has been repaying the loan, but there is still an outstanding amount of 'hundreds of thousands' of dollars, Chu told HKFP. The five full-time staff members and two part-time staffers only earn meagre salaries of less than HK$20,000 a month, while Chu himself has never got paid in full, he said. The IRD's tax demand has made his business 'harder' as he has to borrow more from his family members to pay the tax, he added. Independent media's tax audits Chu's disclosure comes nearly two weeks after the Hong Kong Journalists' Association (HKJA) made a similar announcement last month. According to the press union, six independent media outlets in the city have been facing tax audits from the IRD since late 2023, with the IRD making errors and 'strange, unreasonable claims' in its tax assessments and demands. The outlets include HKFP, InMedia, The Witness, ReNews, Boomhead, and one that did not wish to be named. In a statement, HKFP said it has been cooperating fully with the IRD's tax audit, adding that it has 'always met its tax obligations, paid IRD demands immediately, and ensured meticulous record-keeping' since it was established in 2015. According to the HKJA, 20 individuals, including heads of media outlets and their spouses, are also subject to the IRD's audits and backdated tax demands. The HKJA also faces the IRD's scrutiny. When asked by a reporter about the matter, Chief Executive John Lee brushed off HKJA's allegations and said that journalists 'have no privilege to evade taxes.'


South China Morning Post
13 hours ago
- South China Morning Post
Xiaomi's EV unit to become profitable this year, CEO Lei Jun says
Chinese smartphone maker Xiaomi will start making money from its electric-vehicle (EV) venture by the end of this year, according to its founder and CEO Lei Jun, less than two years after rolling its first units off the assembly line, as demand surpassed expectations. Advertisement Losses have narrowed, and the unit could become profitable by the third or fourth quarter, local media The Paper reported on Tuesday, quoting Lei during a presentation in Beijing. Xiaomi was confident about its sales following the introduction of its second EV model last month, it reported. A Xiaomi spokesperson confirmed the CEO's comments and declined to elaborate. Sales of EVs amounted to 18.1 billion yuan (US$2.5 billion) in the first quarter versus 18.4 million in the same quarter in 2024, Xiaomi said in a stock exchange filing on May 27. Its gross profit of 4.3 billion yuan was less than its operating expenses of 4.8 billion yuan, resulting in a loss of about 500 million yuan, it added. 01:18 Chinese President Xi Jinping holds rare meeting with China's top entrepreneurs amid US tech rivalry Chinese President Xi Jinping holds rare meeting with China's top entrepreneurs amid US tech rivalry Xiaomi first announced its EV plan in 2021 and rolled out its first unit, the SU7 sedan, in March 2024 to a strong reception. Its deliveries jumped 8.8 per cent to 75,869 units in the first quarter from the preceding three months, bringing the total sales to 258,000 units since inception.


South China Morning Post
14 hours ago
- South China Morning Post
China warns US pressure tactics, coercion won't work for trade talks to happen
Beijing on Tuesday urged Washington to 'respect facts, stop spreading disinformation, and correct its wrong practices' to create conditions for meaningful dialogue amid a dispute between the world's two largest economies over a recent trade deal. 'Pressure and coercion are not the right way to engage with China,' foreign ministry spokesman Lin Jian said in Beijing a day after the White House said that it was 'likely' that US President Donald Trump would speak with Chinese President Xi Jinping this week about the trade dispute. US Treasury Secretary Scott Bessent said during a TV interview on Sunday that details on trade deals between China and the US 'will be ironed out'. The latest remarks came after the two countries accused each other of violating the tariff truce reached in Geneva last month, which committed the world's two largest economies to reduce tariffs by 115 per cent on each other's goods for 90 days. On Friday, US President Donald Trump posted on social media that China 'has totally violated its agreement with us'. On the same day, reports emerged that Washington had suspended the sale of certain jet engine technology and chip design software to China – the latest in a series of export controls targeting the country's hi-tech industry.