Xiaomi’s EV business accelerates with new leadership, European entry plans, and battery manufacturing, but shares remain near 52-week lows amid delivery target concerns.
Xiaomi’s electric vehicle business is accelerating on multiple fronts, yet the company’s share price tells a very different story. The stock closed at €3.43 on Friday, a gain of 1.74% on the day and roughly 8% higher over the past week, but that still leaves it down nearly 24% since the start of the year and a staggering 49% below its 52-week high…
