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EV market fundamentals are stabilizing, but the sector did not sidestep this week's market sell-off.
Xiaomi has poured over RMB 10 billion ($1.4 billion) into R&D for the EV, an investment that exceeds industry standards.
Xiaomi SU7 will be the company's first car, powered by an electric drivetrain. It will be manufactured by BAIC, with BYD su...