Xiaomi's foray into the electric vehicle market has taken an unexpected turn, with the Chinese tech giant reportedly losing a staggering $5,600 on every vehicle sold. Despite achieving record sales, the company's financial struggles in this sector have raised concerns among investors and industry experts. Xiaomi's foray into electric vehicles was seen as a strategic move to diversify its business and tap into the growing demand for eco-friendly transportation. However, it appears that the company's ambitions have not been matched by its financial performance, casting a shadow over its future plans in the automotive industry.
Xiaomi loses $5,600 on every electric vehicle despite record sales Українські Національні Новини (УНН)
