Xiaomi has become the biggest disappointment among China tech stocks, as growing investor doubts cloud its electric vehicle dreams. Fears of production setbacks and stiff market rivalry are putting heavy pressure on the company’s shares, Bloomberg reports
Xiaomi is set to electrify the global market, with CEO Lei Jun announcing plans to start selling its electric vehicles beyond China as early as 2027. This exciting step marks the tech giant’s bold ambition to become a leading force in the international EV arena
Xiaomi’s electric vehicle (EV) orders in China have taken a notable hit as consumer dissatisfaction grows. The tech giant is under the microscope, facing heightened scrutiny regarding its quality and pricing strategies. This has sparked worries about its competitiveness in the fast-paced EV market.
