Chinese smartphone giant Xiaomi sees robust demand for first EV, even as buyers face delivery wait times of more than 5 months
Xiaomi has locked in an estimated 40,000 orders of the SU7 as of Tuesday.
Source: scmp.com
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Xiaomi warns of a 7-month-long waitlist for its new EV
Xiaomi's shares jumped by as much as 16% in Tuesday trading in Hong Kong, following strong Chinese demadn for the company's new SU7 electric car.
Source: fortune.com
EV launch propels Xiaomi's value by $7.6B, above GM, Ford
Shares of China's Xiaomi were up as much as 16% on Tuesday as the electronics maker's sporty electric vehicle (EV) launched last week garnered...
Source: dailysabah.com
Tesla deliveries fall in face of Chinese competition
Tesla's quarterly deliveries fell more than 8% from last year as the EV maker struggles in a market saturated by cheaper Chinese models.
Source: yahoo.com