ToughCoyote
04-05

I agree$XIAOMI-W(01810)$  XIAOMI-W(01810.HK)$ Whether automobiles can bring room for continued stock price increases in the medium to long term still depends on product power, brand power, and channel power. As a product with both brand + manufacturing, automatic control and self-research of core technology, rather than simple industrial chain integration, is the key to long-term competitiveness.

What's more, there isn't much time left for the NEV knockout competition. The only thing Xiaomi can do now is increase the level of self-research and expand production capacity as soon as possible. With the support of a strong brand and safe cash flow, it's not impossible whether Xiaomi can rebuild a Xiaomi and become the top five car builders in the end.On the other hand, the stock price of the Xiaomi SU7 surged on the first trading day after listing. Xiaomi announced that it will host the first batch delivery ceremony for the Xiaomi SU7 tomorrow at the Xiaomi car factory in Yizhuang, Beijing. Delivery centers in 28 cities across the country will also simultaneously begin delivery tomorrow. New energy vehicle delivery data was released in March. With the exception of$BYD COMPANY(01211)$  BYD, which was barely qualified, Wei Xiaoli's report card was not very satisfactory. Xiaomi's brilliant debut also attracted a lot of attention, triggering a new round of “price war” in the industry, and competition on the NEV circuit will become more intense in the future.$Tesla Motors(TSLA)$ $NIO Inc.(NIO)$  $XPeng Inc.(XPEV)$  

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