China Xiaomi's market value surges up to $7.6b on EV launch
Shares of China's Xiaomi surged as much as 16% as the electronics maker's sporty electric vehicle launched last week drew strong interest.
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Shares of China's Xiaomi surged as much as 16% as the electronics maker's sporty electric vehicle launched last week drew strong interest.
Shares of China's Xiaomi surged as much as 16% on Tuesday after the maker of smartphones and other consumer electronics last week launched a sporty electric vehicle whose design has been likened to...
Depending on the model ordered, buyers could get their vehicles delivered earlier. Xiaomi introduced its first electric vehicle just last month called the SU7, and prospective buyers are already lining up to get one for themselves.
Xiaomi Ev: Xiaomi's shares rose 16% following the launch of its electric vehicle, the SU7. Despite strong interest with 88,898 pre-orders, Citi Research predicts significant losses due to fierce competition in the Chinese EV market.
Xiaomi's SU7 enters a crowded China EV market with an attention-grabbing price tag