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Xiaomi's CNY100 billion cash reserve is seen as lifeline for its automotive ambitions

Amanda Liang, Taipei; Charlene Chen, DIGITIMES Asia Tuesday 17 December 2024 0

Credit: AFP

Given the current competitive landscape among Chinese automakers, it is not surprising that new entrants face challenges in vehicle manufacturing. However, Ji Yue's recent turmoil seems to have inadvertently provided an opportunity for its competitor,...

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