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Xiaomi takes on Tesla in Chinese auto market with $29,870 electric car - Vimarsana News

Xiaomi takes on Tesla in Chinese auto market with $29,870 electric car

Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla's Model 3.

China's Latest EV is a 'Connected' Car from Smart Phone Maker Xiaomi - Vimarsana News

China's Latest EV is a 'Connected' Car from Smart Phone Maker Xiaomi

The sporty four-door sedan will be priced in the $40,000 range.

Source: mbtmag.com
Chinese EV giant BYD announces record annual profit for 2023 - Vimarsana News

Chinese EV giant BYD announces record annual profit for 2023

BYD recorded a net profit of 30 billion yuan ($4.16 billion) last year, up 80.7 percent year-on-year from 16.6 billion yuan in 2022

A pivot to China saved Elon Musk. It also binds him to Beijing. - Vimarsana News

A pivot to China saved Elon Musk. It also binds him to Beijing.

Elon Musk's intricate relationship with China through Tesla's Shanghai venture showcases both success and challenges. Musk's endeavors, including SpaceX and the X platform, intertwine with China, raising questions about influence and financial exposure.

Xiaomi set for plunge into EVs at a tricky time for China autos - Vimarsana News

Xiaomi set for plunge into EVs at a tricky time for China autos

China's Xiaomi will launch its highly anticipated electric vehicle on Thursday when it will reveal its pricing and start taking orders, marking the electronics company's entry into the world of...