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Kam sun Leong
The Electric Viking
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Comments by "Kam sun Leong" (@kamsunleong6648) on "Xiaomi's new YU7 SUV price revealed - legacy automakers should just give up" video.
You should look up the latest quarterly earnings of BYD and Geely before posting this.
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I forgot Li Auto as well. Check all these three companies and see if what you commented needs to be retraced.
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Tesla was making losses for almost a decade before they turn profitable. Xiaomi is losing right now with one model with a low production capacity of about 120k per annum. Once their second production plant is ready by mid 2025, their production capacity should hit close to 300k per annum. Then you will see a different story. They now have a huge backlog of orders with customers waiting upto 5 months for delivery.
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Do you know your beloved VW Beetle copied the Tatra 97 and got sued.
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