Xiaomi ADR Jumps 9% As It Launch Its Highly Anticipated EV

Tiger Newspress03-28

Xiaomi kicked off sales of its electric car on Thursday, with the Chinese smartphone company pricing its SU7 at 215,900 to 299,900 yuan ($29,870-$41,493) as it enters a fiercely competitive domestic market.

CEO Lei Jun told the launch event that the shift from electronics to car manufacturing had not been easy, noting that U.S. rival Apple had given up on such an idea.

The company's standard SU7 EV model will be priced at 215,900 yuan, while the Pro and Max versions will cost 245,900 yuan and 299,900 yuan respectively, Lei said. Deliveries for the Standard and Max models will commence from late April, and the Pro models will follow by the end of May.

All SU7 models will only be sold for now in China, the world's biggest auto market.

Lei Jun said that Xiaomi's car reservation just exceeded 20000 yuan in seven minutes.

Xiaomi ADR jumped 8.6% in morning trading Thursday.

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Drdeedee
03-29
Drdeedee
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Hannybunny
03-28
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Deliveries for the Standard and Max models will commence from late April, and the Pro models will follow by the end of May.</p><p>All SU7 models will only be sold for now in China, the world&#39;s biggest auto market.</p><p>Lei Jun said that Xiaomi&#39;s car reservation just exceeded 20000 yuan in seven minutes.</p><p>Xiaomi ADR jumped 8.6% in morning trading Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d35feafeb05fecd243a6e7cdcfee2b28\" title=\"\" tg-width=\"840\" tg-height=\"623\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XIACY":"小米集团ADR","01810":"小米集团-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198245822","content_text":"Xiaomi kicked off sales of its electric car on Thursday, with the Chinese smartphone company pricing its SU7 at 215,900 to 299,900 yuan ($29,870-$41,493) as it enters a fiercely competitive domestic market.CEO Lei Jun told the launch event that the shift from electronics to car manufacturing had not been easy, noting that U.S. rival Apple had given up on such an idea.The company's standard SU7 EV model will be priced at 215,900 yuan, while the Pro and Max versions will cost 245,900 yuan and 299,900 yuan respectively, Lei said. Deliveries for the Standard and Max models will commence from late April, and the Pro models will follow by the end of May.All SU7 models will only be sold for now in China, the world's biggest auto market.Lei Jun said that Xiaomi's car reservation just exceeded 20000 yuan in seven minutes.Xiaomi ADR jumped 8.6% in morning trading Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":289175531168032,"gmtCreate":1711634112985,"gmtModify":1711635364493,"author":{"id":"3578910042662264","authorId":"3578910042662264","name":"Hannybunny","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289175531168032","repostId":1198245822,"repostType":2,"repost":{"id":"1198245822","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1711636466,"share":"https://www.laohu8.com/m/news/1198245822?lang=&edition=full","pubTime":"2024-03-28 22:34","market":"us","language":"en","title":"Xiaomi ADR Jumps 9% As It Launch Its Highly Anticipated EV","url":"https://stock-news.laohu8.com/highlight/detail?id=1198245822","media":"Tiger Newspress","summary":"China's Xiaomi is launching its highly anticipated electric vehicle  on Thursday when it will reveal its pricing and start taking orders, marking the electronics company's entry into the world of automobiles.Xiaomi ADR gained 3.7% in premarket trading Thursday.The world's third largest smartphone vendor has only said so far that its car will be priced below 500,000 yuan . Models it unveiled in over 70 stores across China on Monday have drawn comparisons to Porsche's Taycan and Panamera sports ca","content":"<html><head></head><body><p>Xiaomi kicked off sales of its electric car on Thursday, with the Chinese smartphone company pricing its SU7 at 215,900 to 299,900 yuan ($29,870-$41,493) as it enters a fiercely competitive domestic market.</p><p>CEO Lei Jun told the launch event that the shift from electronics to car manufacturing had not been easy, noting that U.S. rival Apple had given up on such an idea.</p><p>The company&#39;s standard SU7 EV model will be priced at 215,900 yuan, while the Pro and Max versions will cost 245,900 yuan and 299,900 yuan respectively, Lei said. Deliveries for the Standard and Max models will commence from late April, and the Pro models will follow by the end of May.</p><p>All SU7 models will only be sold for now in China, the world&#39;s biggest auto market.</p><p>Lei Jun said that Xiaomi&#39;s car reservation just exceeded 20000 yuan in seven minutes.</p><p>Xiaomi ADR jumped 8.6% in morning trading Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d35feafeb05fecd243a6e7cdcfee2b28\" title=\"\" tg-width=\"840\" tg-height=\"623\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xiaomi ADR Jumps 9% As It Launch Its Highly Anticipated EV</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXiaomi ADR Jumps 9% As It Launch Its Highly Anticipated EV\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-03-28 22:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Xiaomi kicked off sales of its electric car on Thursday, with the Chinese smartphone company pricing its SU7 at 215,900 to 299,900 yuan ($29,870-$41,493) as it enters a fiercely competitive domestic market.</p><p>CEO Lei Jun told the launch event that the shift from electronics to car manufacturing had not been easy, noting that U.S. rival Apple had given up on such an idea.</p><p>The company&#39;s standard SU7 EV model will be priced at 215,900 yuan, while the Pro and Max versions will cost 245,900 yuan and 299,900 yuan respectively, Lei said. Deliveries for the Standard and Max models will commence from late April, and the Pro models will follow by the end of May.</p><p>All SU7 models will only be sold for now in China, the world&#39;s biggest auto market.</p><p>Lei Jun said that Xiaomi&#39;s car reservation just exceeded 20000 yuan in seven minutes.</p><p>Xiaomi ADR jumped 8.6% in morning trading Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d35feafeb05fecd243a6e7cdcfee2b28\" title=\"\" tg-width=\"840\" tg-height=\"623\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XIACY":"小米集团ADR","01810":"小米集团-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198245822","content_text":"Xiaomi kicked off sales of its electric car on Thursday, with the Chinese smartphone company pricing its SU7 at 215,900 to 299,900 yuan ($29,870-$41,493) as it enters a fiercely competitive domestic market.CEO Lei Jun told the launch event that the shift from electronics to car manufacturing had not been easy, noting that U.S. rival Apple had given up on such an idea.The company's standard SU7 EV model will be priced at 215,900 yuan, while the Pro and Max versions will cost 245,900 yuan and 299,900 yuan respectively, Lei said. Deliveries for the Standard and Max models will commence from late April, and the Pro models will follow by the end of May.All SU7 models will only be sold for now in China, the world's biggest auto market.Lei Jun said that Xiaomi's car reservation just exceeded 20000 yuan in seven minutes.Xiaomi ADR jumped 8.6% in morning trading Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":6,"commentSize":0,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1198245822"}