Previous close | 2.0300 |
Open | 2.0400 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 2.0400 - 2.1000 |
52-week range | 1.2600 - 2.3500 |
Volume | |
Avg. volume | 196,635 |
Market cap | 51.469B |
Beta (5Y monthly) | 1.29 |
PE ratio (TTM) | 20.60 |
EPS (TTM) | 0.1000 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
BEIJING (Reuters) -China's Xiaomi has secured locked-in orders for more than 70,000 of its SU7 electric cars as of Saturday and the company intends to keep its automotive business "100% focused" on the Chinese market for the next three years, founder Lei Jun said on Tuesday. Xiaomi launched its car, which draws styling cues from Porsche, late last month. It enters a crowded China EV market with an attention-grabbing price tag - under $30,000 for the base model, which is $4,000 cheaper than the base model of Tesla's Model 3 in China.
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Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher than expected, CEO Lei Jun said on Thursday, as the company began delivering standard versions of the so-called SU7 to buyers ahead of schedule. Lei, Xiaomi's founder, made the comments during a two-hour livestream on Douyin, the Chinese equivalent of TikTok, that garnered over 34 million viewers. Xiaomi launched its car, which draws styling cues from Porsche, late last month, entering a crowded China EV market with an attention-grabbing price tag - under $30,000 for the base model, which is $4,000 cheaper than the base model of Tesla's Model 3 in China.