Name: Xiaomi Launches First-Ever EV Cheaper Than Tesla
Uploaded: 2024-04-03T03:50:01.000Z
Description: A fierce price war broke out between U.S. and Chinese rivals. Chinese tech company Xiaomi announced that it will sell its first electric car for far less than Tesla’s Model 3. But analysts note the firm could be taking losses on each one sold.

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A fierce price war broke out between U.S. and Chinese rivals. Chinese tech company Xiaomi announced that it will sell its first electric car for far less than Tesla’s Model 3. But analysts note the firm could be taking losses on each one sold.

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Xiaohua Li is an international correspondent and associate producer of NTD's "China in Focus" based in New York City. She primarily reports for "China in Focus," focusing on U.S.-China relations. Xiaohua has a bachelor's degree in broadcast journalism from Pennsylvania State University. Contact Xiaohua at Xiaohua.li@ntd.com

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