07 Apr Xiaomi’s maiden EV, selling at a loss, turbocharges price war forcing China’s small players out of business
Posted at 10:15h
in Asia
Goldman Sachs said in a research note on April 1 that it believed the fully electric sedan “is highly competitive and demonstrates Xiaomi’s capabilities of becoming a potential price leader in the market rather than a price follower.”The SU7, fitted with intelligent features such as...