China's Xiaomi is selling so many electric cars it's closer to breaking even
Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.
Source: cnbc.com
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Xiaomi electric car demand 5 times higher than expected, says CEO
Xiaomi recently entered the global electric vehicle industry with its SU7 electric sedan. Deliveries for the Xiaomi SU7 have begun, and as per earlier reports, the EV currently demands a 7-month waiting period.
Source: team-bhp.com
Xiaomi secures more than 70,000 orders for SU7
Xiaomi secures 70,000 car orders.
Source: just-auto.com
China-focused Xiaomi SU7 EV Secures More Than 70,000 Lock-in Orders
Xiaomi's upcoming SU7 electric sedan has already amassed over 70,000 locked-in orders, signaling strong demand in the Chinese market.
Source: techtimes.com
Xiaomi's SU7 orders reach 70,000, EV business to stay focused on China
BEIJING (Reuters) -China's Xiaomi has secured locked-in orders for more than 70,000 of its SU7 electric cars as of Saturday and the company intends to keep its automotive business "100% focused" on the Chinese market for the next three years, founder Lei Jun said on Tuesday. Xiaomi launched its car, which draws styling cues from Porsche, late last month. It enters a crowded China EV market with an attention-grabbing price tag - under $30,000 for the base model, which is $4,000 cheaper than the base model of Tesla's Model 3 in China.
Source: yahoo.com