Xiaomi, a company in the electronics sector that has just completed 14 years of founding and is known mainly for its line of smartphones, has just achieved an impressive feat by venturing into the field of, get this, electric vehicles.
Last Thursday, the automaker based in Beijing, the capital of China, launched its first car, the SU7, with lines reminiscent of a Porsche, but with a sales price below competing vehicles such as those produced by billionaire Elon Musk’s Tesla. .
But the big leap came this Tuesday (2), at the launch of the Chinese group’s shares on the stock exchange.
In just a few hours, Xiaomi’s market value reached US$55 billion (R$277 billion), which made it surpass the centuries-old and traditional North American automotive companies, General Motors and Ford Company.
Something surprising and frightening that shows the overwhelming economic power of China, a country that hides under the cloak of traditional communism, but which has emerged as a model accustomed to the ‘wildest of capitalisms’.
There are, however, other impactful details about the company, which demonstrate where ‘this competition’ could still go. And to have all the details, just access the Jornal do Agro Online websiteJCO partner.
Click on the link below and read the full article, for free:
https://www.jornaldoagroonline.com.br/noticias/3235/gigante-chinesa-supera-valor-de-mercado-da-gm-e-…
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Tags: Young Chinese company scares world surpassing giants Ford hours
