Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.- Cut-throat market - "By entering the premium segment, Xiaomi can carve out a niche against established brands like Tesla and Nio," Abhishek Murali, senior electric vehicle analyst at Rystad Energy, told AFP. "Targeting affluent Chinese consumers with a premium EV allows Xiaomi to potentially offset the high manufact