Market Chatter: Xiaomi Postpones Launch of YU7 EV Following Car Crash

MT Newswires Live
04-14

Xiaomi (HKG:1810) rescheduled the launch of its YU7 electric sedan and other new consumer electronic devices following the impact of a fatal car crash involving its debut sedan two weeks ago, The Standard reported Monday.

The electronics device manufacturer was also slated to launch its 15S Pro smartphone, as well as artificial intelligence glasses, smart watches, and tablets last Thursday, the filing said.

Xiaomi's debut SU7 figured in a fatal car crash, killing three university students on March 29, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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