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Technology Stocks : Apple Inc.

AAPL 273.67

+0.5%

Dec 19 9:30 AM EST

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From: Doren	4/1/2024 9:36:43 PM
	of 213177

third-largest seller of smartphones Xiaomi: Electric car buyers told they face six-month wait pre-orders had hit 88,898 within 24 hours of it starting to take orders on Thursday. Xiaomi did not immediately respond to a BBC request for comment. The technology giant, which is the third-largest seller of smartphones in the world with a market share of about 12%, is taking on EV rivals including Tesla and BYD in the world's biggest market for cars. The standard SU7 model is priced at 215,900 yuan ($29,872; £23,663) and the Max version costs 299,900 yuan. The starting price in China for Tesla's Model 3 is 245,900 yuan. ----------- Interesting in comparison to Apple and its abandoned ambition around EVs.

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