$XIAOMI-W(01810)$ Smartphones

$XIAOMI-W(01810)$ Smartphones to EVs iPhone maker Apple (AAPL) is stepping back from the market as another smartphone giant hits the accelerator. Xiaomi's (OTCPK:XIACF) first-ever electric vehicle SU7 has garnered strong interest from customers, sending its Hong Kong-listed shares soaring as much as 16% overnight. It received 88,898 SU7 pre-orders within the first 24 hours of sales, and reportedly directed its suppliers to increase production capacity to meet a monthly target of 10,000 cars. China's EV market is increasingly getting crowded, resulting in an intense war that saw the SU7 come with a starting price that was $4,000 less than Tesla's (TSLA) Model 3. Sold 20,000 non-refundable EV’s within the first 36 hrs of presale, get ready for disruption!

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