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.
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Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla's Model 3.
The sporty four-door sedan will be priced in the $40,000 range.
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
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.
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...