The billionaire co-founder of Xiaomi Corp. unveiled the company’s first electric vehicle Thursday, declaring ambitions to become a top global carmaker in 15 to 20 years and compete against Tesla Inc. and Porsche.
The billionaire co-founder of Xiaomi Corp. unveiled the company’s first electric vehicle Thursday, declaring ambitions to become a top global carmaker in 15 to 20 years and compete against Tesla Inc. and Porsche.
U.S. light-vehicle sales are projected to rise 4.6 percent to 15 percent in April, forecasters say, as consumers lock in prices poised to rise in coming months as tariffs take a toll on supply and selection.