U.S. Treasury Secretary Janet Yellen has called on the European Union to collaborate with the United States in addressing the surge of Chinese green-tech exports, warning that the influx threatens global manufacturing sectors.
Xiaomi CEO Lei Jun and a delegation of top executives from the technology giant made a strategic visit to Nio's headquarters in Shanghai on Monday, leveraging the opportunity to acquaint themselves with the latest addition to Nio's lineup, the Onvo L60 SUV.
Dan Ives, Managing Director of Wedbush Securities and Senior Equity Analyst, said on Friday that China EV makers will "aggressively go after Europe" as Biden administrations prepares to increase tariffs from 25 to 100 percent next week.
In late April, Lin Bin, co-founder of Xiaomi, tested Tesla's full self-driving (FSD) software V12 in the United States. In post on Chinese social media Weibo, he expressed being very impressed, stating that the driving felt "like a human driver".
Smartphone giant Xiaomi reported on Wednesday the delivery of 7,058 vehicles in April, its first production month that followed the reveal of the electric model SU7 in late March.
The smartphone, and now automotive manufacturer, Xiaomi has recently unveiled its first electric sedan, SU7, and it's now preparing to start delivering the first units across 29 locations on Wednesday.
The smartphone, and now automotive manufacturer, Xiaomi has recently unveiled its first electric sedan, SU7, and it's now preparing to start delivering the first units across 29 locations on Wednesday.
