One of China's hottest new EV makers says it lost $9,200 for each $30,000 smart car it delivered

06/22/2024, 2:06 AM
businessinsider.com

One of China's hottest new EV makers says it lost $9,200 for each $30,000 smart car it delivered

Costfoto/NurPhoto via Getty Images

Chinese tech giant Xiaomi, known for making smartphones, turned heads in March when its maiden electric vehicle sold out with almost 90,000 preorders within a day of launch.

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