TECH - Xiaomi CEO Predicts Tesla-Like Success As Chinese EV Debutant's 1st Electric Offering Zooms Off The Lot With Over 100K Orders | Benzinga
Chinese tech giant Xiaomi (OTC:XIACF) has reportedly commenced deliveries of its SU7 electric sedan for which it has received over 100,000 orders.
What Happened: The smartphone company started delivering its first electric vehicle to customers on Wednesday and held a ceremony to commemorate it in Beijing, Reuters reported. The first vehicles to be delivered are part of the limited “Founder’s edition” of the vehicle of which the company has made 5000 units.
“Xiaomi’s car officially debuts, the real revolution in smart cars has officially begun, and China will surely give birth to a great company ...