One of China's hottest new EV makers says it lost $9,200 for each $30,000 smart car it delivered

Tech Insider
Chinese customers assess the Xiaomi SU7 at a flagship store in Shanghai, China.
Xiaomi's SU7 sold out on the first day of its launch, but the smartphone maker's early losses show it will take time for the new EV player to turn a profit.

Costfoto/NurPhoto via Getty Images

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