Xiaomi's rise in China shows signs of slowing down... EV sales for the January-March period did not reach target, and smartphone business was hit by soaring memory prices | Business | Toyo Keizai Online
⚡ Quick Summary
Xiaomi, a major Chinese smartphone company, entered the EV business from a different industry and quickly grew rapidly. Its progress is beginning to show signs of slowing down.
Xiaomi, a major Chinese smartphone company, entered the EV business from a different industry and quickly grew rapidly. Its progress is beginning to show signs of slowing down. EV sales in the January-March period increased by 6.6% compared to the same period last year...
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