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company

Xiaomi

Major Chinese electronics and smart hardware company. Founded in 2010 by Lei Jun, headquartered in Beijing.

Track Record

India's Serious Fraud Investigation Office (SFIO) drafted a recommendation in May 2026, reported September 9, 2026, for a detailed investigation into alleged irregularities in Xiaomi's business practices, specifically concerning movement of funds and whether Xiaomi obtained the mandatory foreign-investment approvals required under Indian law. The scrutiny comes amid India's broader tightening of oversight on Chinese investments following 2020 border clashes, and alongside separate tax and royalty-payment disputes Xiaomi is fighting in India.

negligent

A judicial appraisal report confirmed that a low-voltage system failure after an October 13, 2025 collision in Chengdu (driver traveling at 167 km/h) disabled the Xiaomi SU7's electronic door releases, trapping 31-year-old driver Deng inside as the vehicle caught fire; the SU7 had no exterior mechanical backup door handle, with the only manual release hidden inside a door storage compartment inaccessible to rescuers. Chinese regulators (MIIT) approved new mandatory standards on January 28, 2026 requiring mechanical, power-failure-resistant exterior door handles on all vehicles, phased in for new models from January 2027 and existing models from January 2029. Xiaomi founder Lei Jun announced on February 10, 2026 that production of the first-generation SU7 had ended and a compliant updated model would ship in Q4 2026, but the company did not recall the roughly 370,000 first-generation SU7 vehicles already on the road despite public calls from Chinese financial outlet Yicai to do so.