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XIAOMI-W President: Mi Car Production Capacity Being Expanded to Meet Mkt Demand
XIAOMI-W (01810.HK) President Lu Weibing attended the annual ESG event organized by CCTV and others. As a "newcomer" in the automobile industry, he said, Xiaomi Automobil...
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XIAOMI-W President: Mi Car Production Capacity Being Expanded to Meet Mkt Demand
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XIAOMI-W (01810.HK)  +0.100 (+0.316%)    Short selling $613.36M; Ratio 19.743%   President Lu Weibing attended the annual ESG event organized by CCTV and others. As a "newcomer" in the automobile industry, he said, Xiaomi Automobile realized delivery volume of over 100,000 vehicles within 230 days.

Users currently need to wait 4-5 months to place an order for a Mi Car, and the group is therefore actively sizing up production capacity to satisfy market demand, Lu boasted.

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The launch of Mi Car will help raise awareness and trust in new energy vehicles (NEVs), Lu said, believing that Xiaomi Automobile can continue to contribute to ESG and sustainable development goals in the future.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-12-23 16:25.)

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