Xiaomi soars 16% as new EV draws strong interest; buyers may face months-long wait

April 2, 2024

Xiaomi’s (OTCPK:XIACF) first ever electric vehicle SU7 has garnered strong interest from customers after its launch last week, sending its Hong Kong-listed shares soaring as much as 16% on Tuesday.

The company received 88,898 SU7 pre-orders within the first 24 hours of sales, it said on social media app Weibo.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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