Latest news with #CNY
Yahoo
13 hours ago
- Automotive
- Yahoo
Seres secures CNY5bn in latest funding round
China's Seres Group Company Ltd announced that its battery electric vehicle (BEV) manufacturing subsidiary, Seres Automobile Company Ltd, has secured up to CNY 5 billion (US$ 700 million) in new capital from financial investors in a Series E funding round. The automaker's new investors include ICBC Financial Assets Investment Ltd and Bocom Financial Asset Investment Ltd, with the company looking to strengthen its balance sheet as the fierce price war in the country's BEV segment shows no sign of letting up. Last week struggling Chinese BEV maker Hozon Automobile was forced to begin bankruptcy proceedings after a local contractor, Shanghai-based advertising company Shanghai Yuxing Advertising Company, filed a petition calling for a bankruptcy review over unpaid bills. Seres' latest capital increase follows an earlier funding round, in December 2024, backed by the China Development Bank Manufacturing Transformation and Upgrading Fund Ltd, in which the automaker raised approximately CNY 10 billion. Seres, which produces vehicles under the Aito brand, said the new capital will help strengthen its financial position, support long-term strategic development, reduce its debt-to-asset ratio, and promote sustainable high-quality growth. "Seres secures CNY5bn in latest funding round" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
News18
16 hours ago
- News18
Xiaomi AI Smart Glasses Unveiled With 12MP Camera And Voice Assistant: Price, Features
Last Updated: Xiaomi AI Glasses work like the Meta Ray Ban versions, with support for AI features, packing a camera to record videos and translate text Xiaomi is taking on Meta Ray Ban smart glasses with its own AI Glasses that have been unveiled in China this week. These new glasses are powered by Xiaomi's own OS and for the hardware you have a Snapdragon AR chipset. It has a high-res camera to let you capture your surroundings, something that has become a hit with the Meta Ray Ban glass in the last few years. Being AI glasses, you have features like real-time text translation and even voice-based assistance. Xiaomi AI Glasses are priced at CNY 1,999 (Rs 23,500 approx) which is for the standard version. Xiaomi has introduced other lens variants with multi-colour support that stretch the price as high as CNY 2,999 (Rs 35,400 approx). Xiaomi AI Glasses are already available in China and we're not sure if these will come to other regions. Xiaomi AI Glasses Features Xiaomi AI Glasses can be paired with Android or iOS devices but understandably, some of the highlight features need you to use a Xiaomi phone running on the HyperOS interface. As we said earlier, it is powered by a Snapdragon AR+ chip that has been designed for the segment, and you get it with 4GB RAM and 32GB of storage. It has a 12MP camera on the stem that lets you take photos and videos on the move. Meta will surely be facing a lot of challengers in the next few months. The R ay Ban glasses have launched in India recently and more regions are expected to join the list later this year. The company has also developed a more premium version with Oakley that costs over $350 and available in select countries for now. First Published:
Yahoo
17 hours ago
- Automotive
- Yahoo
China's Xiaomi launches YU7 battery-powered SUV
China's Xiaomi Corporation launched its eagerly anticipated YU7, its first battery-powered SUV model, a major milestone in the development of the consumer electronics giant's automotive business. According to local reports, the automaker secured more than 200,000 confirmed orders for the new model within an hour of its launch, despite the fierce competition in the country's battery electric vehicle (BEV) market. The YU7 is positioned as a high-performance, high-spec luxury SUV, competing head-on with the Tesla Model Y, currently the best-selling battery-powered SUV model in China. It is available in three main variants: YU7 Standard ultra-long-range RWD, priced at CNY 253,500 (US$ 35,500) YU7 Pro ultra-long-range AWD version, priced at CNY 279,900 (US$ 39,000) YU7 Max, ultra-long-range high-performance AWD version, priced at CNY 329,900 (US$ 46,000) The YU7 features the all-new Xiaomi HyperVision Panoramic Display as standard, which the company says employs a sophisticated triple Mini LED screen array utilizing "Panoramic Curved Projection Technology" to project comprehensive information onto the lower windshield area seamlessly — a visual setup that is between 2 and 3 times more expensive than a standard head-up display (HUD) system. Drivers benefit from optimally positioned speed and navigation projections within their natural field of vision. When turning, blind-spot images are displayed near the side mirrors. The YU7 range is powered by an upgraded Xiaomi HyperEngine V6s Plus electric drive system, with maximum revs of 22,000 rpm, peak torque of 528 Nm, and peak power of 288 kW. The YU7 Max variant has a maximum power output of 690 PS, a maximum speed of 253 km/h, and accelerates from 0–100 km/h in just 3.2 seconds. The Standard RWD model offers a range of 835 km of urban commuting on a single charge, or 1,000 km of long distance travel. It comes with a choice of lithium iron phosphate (LFP) and ternary lithium batteries. The YU7 range features advanced assisted driving hardware, including the new generation NVIDIA DRIVE AGX Thor™ chip with 700 TOPS computing power, LiDAR, 4D millimeter-wave radar, 11 high-definition cameras, and 12 ultrasonic radars. Among these are seven ultra-clear anti-glare cameras equipped with ALD coating technology, effectively reducing glare and backlight interference. "China's Xiaomi launches YU7 battery-powered SUV" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
GSM Arena
18 hours ago
- GSM Arena
First hands-on photos of the Xiaomi Mix Flip 2 shared by DCS
The Xiaomi Mix Flip 2 was announced yesterday and is already on sale in China. Digital Chat Station has posted some hands-on photos and thoughts on Xiaomi's latest flip foldable. Xiaomi Mix Flip 2 The phone's larger battery (5,165mAh, up from 4,780mAh on the original) promises longer battery life. The phone also supports wireless charging at 50W (more on that and accessories later). The Snapdragon 8 Elite has performance when needed but is also capable of running efficiently. Xiaomi Mix Flip 2: 4' cover and 6.86' inner displays The displays are the same size as last year – 4' cover display and 6.86' inner display. The crease on the inner display is very small, the best in the industry, reports DCS. As for the cover display, it was measured at 810 nits of brightness in sunlight mode, which results in good visibility outdoors. Xiaomi Mix Flip 2 Going back to wireless charging, Xiaomi offers magnetic cases that work with MagSafe compatible chargers and stands. Additionally, Xiaomi has built a portable photo printer. This CNY 700 ($100) add-on has a shutter key and can turn your digital shots into physical photos that you can share. A portable photo printer for the Xiaomi Mix Flip 2 By the way, Xiaomi also unveiled a new photography kit for the Xiaomi 15 Ultra yesterday – no photo printer here, not even a detachable battery grip. On the plus side, it is pretty lightweight at just 42g and still adds a two-stage shutter key plus a dedicated video button. Source
Mint
2 days ago
- Mint
Xiaomi Mix Flip 2, a clamshell foldable smartphone, launched: Price, features and more
Xiaomi has officially unveiled the Mix Flip 2, its latest clamshell-style foldable smartphone, in the Chinese market. A successor to the original Mix Flip, the new model boasts several upgrades, including a more powerful processor, brighter displays, enhanced cameras, and improved battery life with wireless charging support. The Mix Flip 2 is powered by Qualcomm's latest Snapdragon 8 Elite chipset, paired with up to 16GB of RAM and 1TB of internal storage. It runs on Android 15, overlaid with Xiaomi's custom HyperOS 2 interface. A standout feature is its dual-display setup. On the outside, there's a 4.01-inch AMOLED screen protected by Dragon Crystal Glass 2.0, offering up to 3,200 nits of peak brightness and a 120Hz refresh rate. Inside, the phone opens to reveal a 6.86-inch AMOLED main display, also reaching 3,200 nits brightness, with 1.5K resolution and a smooth 120Hz refresh rate. Photography enthusiasts will find the Leica-tuned dual rear camera system particularly appealing. The setup includes a 50MP Light Hunter 800 primary sensor with optical image stabilisation and a 24mm Leica Summilux lens, accompanied by a 50MP ultra-wide-angle lens with a 14mm focal length and autofocus. A 32MP front camera sits within the inner display for selfies and video calls. The Mix Flip 2 packs a 5,165mAh battery, a notable upgrade from its predecessor, and supports both 67W wired and 50W wireless charging. Xiaomi has also included a dual vapour chamber cooling system to manage heat during intensive use. Connectivity features include 5G, Wi-Fi 7, Bluetooth 5.4, NFC, NavIC, and multiple global positioning systems such as GPS, Galileo, GLONASS, and Beidou. A range of sensors, stereo dual speakers with Dolby Atmos, and an X-axis linear motor enhance the overall user experience. In terms of design, the device has a sturdy metal frame and hinge. When unfolded, it measures 166.89 x 73.8 x 7.57mm, and when closed, it shrinks down to 86.13 x 73.8 x 15.87mm, with a total weight of 199 grams. The Xiaomi Mix Flip 2 starts at CNY 5,999 (approximately ₹ 71,500) for the base model with 12GB RAM and 256GB storage. The 12GB + 512GB and 16GB + 1TB variants are priced at CNY 6,499 (around ₹ 77,000) and CNY 7,299 (roughly ₹ 81,000), respectively. It is available in four colour options: Nebula Purple, Lattice Gold, Plum Green, and Shell White.
