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International Business Times UK
International Business Times UK
Technology
Vinay Patel

Xiaomi's $35,000 'Tesla Killer' Blows Past Rivals With 240,000 Orders In 18 Hours, Stunning Auto Industry

Xiaomi Tesla Inc. China Lei Jun
Xiaomi has made a remarkable entry into the electric vehicle market with its new 'Tesla Killer' EV, generating immense initial demand that sent its shares soaring. (Credit: Photo / Mi.com)

Xiaomi, a name synonymous with consumer electronics, has sent shockwaves through the automotive world as it achieved an astonishing feat by securing an overwhelming number of orders in a remarkably short timeframe.

Its new electric vehicle, hailed by some as a 'Tesla Killer' and priced competitively, has achieved an astonishing feat: securing an overwhelming number of orders in a remarkably short timeframe.

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