Xiaomi SU7 EV launch propels market value by $4 billion, near GM and Ford
BEIJING — Shares of China’s Xiaomi surged as much as 16% on Tuesday as the electronics maker’s sporty electric vehicle launched last week drew strong interest, though a brokerage forecast the firm would lose nearly $10,000 per car this year. The stock touched its highest since January 2022 on the first day of trading since […]