Xiaomi Ramps Up EV Production as Demand for SU7 Remains High
Xiaomi (HKG: 1810, OTCMKTS: XIACY) is accelerating efforts to expand its electric vehicle (EV) production capacity as delivery wait times remain lengthy. Lei Jun, the company’s founder, chairman, and CEO, shared on Weibo that he had visited Xiaomi’s EV factory to discuss strategies with the manufacturing team on increasing capacity...