15
Apr
08:23
Xiaomi responds to analysts loss estimate on vehicle sale
Chinese electronics giant Xiaomi said Monday the recent analysts’ estimates on potential loss per vehicle on its newly launched battery electric vehicle SU7 may be “biased”, Kallanish learns.
Earlier this month, Reuters quoted Citi Research as saying that Xiaomi will lose an average of CNY 68,000 ($9,394) on each SU7 it sells this year. Such earnings compromise would amount to a loss of CNY 4.1 billion attributed to Xiaomi’s vehicle busines…
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Anonymous
Very good overview of the weekly steel market.
Anonymous