Why Is Everyone Talking About Xiaomi Stock?
XIAOMI(XIACY) The Motley Fool·2024-11-07 17:55
Forget smartphones, this company is appearing on investors' radars thanks to its EV offerings.Three years ago, Chinese smartphone manufacturer Xiaomi (XIACF -3.04%) garnered attention from the electric vehicle (EV) industry when it announced its plan to enter the EV market. In March 2024, the company realized its goal when it launched its SU7 Series on the Chinese market.But interest in Xiaomi really accelerated after the company recently received some high praise from Ford (F 5.57%) CEO Jim Farley during h ...