⚡ Chinese EVs Challenge Tesla & Legacy Automakers. $ZAMA
Chinese EV makers are making waves in the US market. Xiaomi’s SU7 sedan—imported for testing—has impressed even Ford CEO Jim Farley, who praised its design and performance. $ZIL
The SU7 outperforms the Tesla Model 3 in China, selling more units than Tesla locally, with Xiaomi struggling to meet demand. Their newest model, the YU7, has already racked up 100,000+ preorders since early January.
Cheap, well-designed EVs from China could shake up the US market, posing a challenge not just for Tesla, but also for legacy automakers like GM and Ford.
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