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Xiaomi Corporation (1810.HK)
- Yahoo Finance
Why Biden's tariffs on Chinese EVs will have little immediate impact on the US auto market
President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
- Reuters
Xiaomi becomes 8th largest EV upstart in China after successful SU7 launch
Chinese smartphone maker Xiaomi has become the country's eighth-largest electric vehicle upstart after selling more than 7,000 units of its first model, the SU7 sedan, in April, according to industry data. Xiaomi's strong entry into China's crowded EV market is set to further upend the world's largest auto market, where companies have been locked in a fierce price war amid weakening demand. Xiaomi is already a household name in China for its popular smartphones and home appliances.
- Bloomberg
Xiaomi Moves Ahead With Tesla-Like SUV As First EV Hits Goals
(Bloomberg) -- Xiaomi Corp. aims to begin making and selling a sport utility vehicle similar to Tesla Inc.’s Model Y as early as 2025, embarking on a major new expansion with production of its debut SU7 electric car set to reach about a 100,000 units this year.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaPutin Names Economist as Defe
