China's Xiaomi enters car market with new electric vehicle
Beijing (AFP) Mar 28, 2024
Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the world's largest car market. China's EV sector has grown rapidly in recent years - propelled by purchasing subsidies that were discontinued in late 2022 - and dozens of domestic automakers are engaged in a stiff price war to get ahead in a