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Xiaomi’s aggressive EV push weighs down Q2 earnings

ArenaEV
Building a desirable car from scratch has to be the quickest way on earth to incinerate a mountain of cash. Doing it when your background is stamping out pocket-sized glass rectangles and smart rice cookers makes it look like pure madness. And yet, here we are, watching Xiaomi shift sleek EVs at a pace that should keep legacy boardroom executives… Read more…

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