23
Apr
11:05
Xiaomi secures over 70,000 SU7 orders
Xiaomi Auto’s founder and ceo Jun Lei said Tuesday the company already secured over 70,000 SU7 orders as of 20 April, Kallanish reports.
Speaking at the company’s Investor Day event, Lei disclosed the SU7 all-electric sedan has an estimated gross profit margin of 5-10%. He said that Xiaomi Auto’s goal is not on “low-level profit” Instead the company wants to become a global top-ten automaker in 15-20 years and a new-generation global…
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Anonymous
Very good overview of the weekly steel market.
Anonymous