xiaomi is a big company that makes phones and now they are making electric cars. they just got permission to make the cars all by themselves, which will help them make more cars faster. but, they are still new at making cars and they have some problems to fix, like cars breaking down and paint peeling off. they are still learning how to make electric cars, but they are working hard and want to be really good at it in the future. Read from source...

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This article provides an overview of Xiaomi's progress in the electric vehicle (EV) market, as it continues to ramp up production and delivery of its EV models, such as the SU7. Xiaomi's success in the EV market has been partly attributed to its latest regulatory greenlight to mass-produce EVs independently. However, the company still faces challenges, such as production bottlenecks, quality issues, and weakening consumer demand. Xiaomi's founder Lei Jun is determined to establish the company as a global EV leader, with plans to launch two more EV models in the next two years.

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This article discusses the positive progress of Xiaomi Corp. regarding its drive into China's crowded electric vehicle (EV) market. Despite its late arrival to the race, Xiaomi's big EV ambitions are gaining momentum as it recently won regulatory approval to manufacture cars independently, making it one of only a few Chinese EV makers with that self-production privilege. However, Xiaomi still needs to overcome several hurdles to establish itself as a global EV leader, such as contending with anti-dumping tariffs against Chinese EVs in Europe and a rapidly slowing demand for new energy vehicles (NEVs) in China due to oversupply. Despite these challenges, Xiaomi's late arrival to the EV industry has been a big success, with its latest model already proving popular and putting the company on track to hit its annual target early.

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