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Technology Stocks : "NIO, XPEV, LI, BYD.. China's Quads -- Ignore unavailable to you. Want to Upgrade?


To: roto who wrote (2411)3/29/2024 10:29:38 AM
From: kidl  Read Replies (1) | Respond to of 2779
 
There is an old German adage “Wenn es dem Esel zu wohl geht geht er aufs Eis” which roughly translated means “If the donkey feels too self-confident, he ventures out onto the ice”.



To: roto who wrote (2411)3/29/2024 10:42:52 AM
From: Julius Wong  Read Replies (2) | Respond to of 2779
 
Xiaomi SU7, China's Apple Car, Beats Tesla Specs At Chevy Bolt Prices

Xiaomi got 50,000 firm orders for the SU7 within the first 27 minutes of its reservation books opening.
The Xiaomi SU7 was officially launched today, putting Tesla, and any other EV manufacturer on notice. Made by the Chinese smartphone giant that's a rival to Apple and Samsung, the SU7 undercuts the Tesla Model 3 in price and amassed a whopping 50,000 preorders in 27 minutes. Ten thousand of those preorders came within the first four minutes of the order form opening.

Make no mistake: this is an impressive, affordable beast, even in the midst of a wildly competitive Chinese EV market. And it's an example of a major smartphone and tech company delivering on an idea the Apple Car project never could.

insideevs.com