Xiaomi Enters Cutthroat EV Race With $29,900 SU7 Series

Posted on: March 29,2024
(Bloomberg) -- Xiaomi Corp. is kicking off sales of its first electric vehicles with aggressive pricing, betting the Chinese smartphone maker can succeed in a cutthroat market where Apple Inc. faltered.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseUBS Banker’s Frustration Exposes Cracks in World of Climate FinanceDubai Is Losing Its Allure for Wealthy RussiansApple Plans New iPad Pro f...
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