GLN 2.17% 22.5¢ galan lithium limited

General Discussion Banter GLN, page-15280

  1. 269 Posts.
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    The dominance of Chinese brands on the domestic market is increasing rapidly.

    https://hotcopper.com.au/data/attachments/6167/6167690-2f9e50337a8fe01f5d1e5c4e0a5bb359.jpg

    https://hotcopper.com.au/data/attachments/6167/6167692-70256df23057508de8f95aa5ebf7d0df.jpg

    Additionally:
    Xiaomi officially launched the SU7, its first EV model, on March 28, offering three trims -- standard, Pro, and Max -- with starting prices of RMB 215,900 ($29,820)

    On April 21, Tesla lowered the prices of all its models in China to cope with the intensifying competition.The locally produced Model 3 now start at RMB 231,900($32,000)

    "Car of the hour in China" is the SU7 from Xiaomi. Over 100,000 pre-orders. The SU7 is in direct competition with the Tesla Model 3.
    Mind you, this is for a car that has not yet been tested in practice. Buyers blindly trust the Xiaomi brand. The cars are manufactured by a contract manufacturer.
    Aesthetically, I find the car very attractive.
    https://hotcopper.com.au/data/attachments/6167/6167723-92eb580faa38e3b6c5e45ca6a3302f18.jpg
 
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