xiaomi, a big company that makes phones and other things, made a new kind of car. they sold 27,000 of these cars in a few months. now they want to sell 120,000 more in one whole year. people are excited to buy these cars because they are cheaper than other cars like tesla. Read from source...

Xiaomi, as per the report, hits an impressive EV milestone by selling around 27,000 SU7 sedans in Q2 alone. It's even more surprising considering this was their first-ever EV and it was launched only in late March this year. Xiaomi has been super aggressive in terms of pricing, the cheapest variant starting at just 215,900 yuan, which is lower than Tesla's Model 3 price point in China. The report clearly shows a very promising future for Xiaomi's foray into the EV market. With a target of 100,000 units delivery by November and 120,000 units for the full year, it's safe to say that Xiaomi is serious about this and has the potential to disrupt the market.

The only concern here is the potential impact on profitability. Xiaomi has managed to garner significant demand for its EVs, but the report shows an average selling price of 228,644 yuan ($32,058) per EV, which is significantly lower than what traditional automakers would aim for. It remains to be seen how Xiaomi manages to maintain profitability while aggressively pricing its EVs.

positive

Reasoning: The article discusses Xiaomi's success in selling its first electric vehicle (EV) model, the SU7 sedan. The Chinese company has sold over 27,000 units in its first quarter as an EV seller, and the article highlights that this is only marginally lower than Chinese EV startup XPeng, which delivered 30,207 EVs in the same period. The article also mentions that Xiaomi expects to achieve its goal of delivering 100,000 units of the vehicle by November, ahead of schedule. All these points show a positive sentiment as they highlight the success and growth potential of Xiaomi's EV business.