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Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility vehicles in what the company said was a “miraculous” moment for the industry.
Lei Jun, founder and CEO of the electronics-turned-car company, said he was astonished by the reaction from customers.
“My goodness, in just two minutes, we received 196,000 paid pre-orders and 128,000 lock-in orders,” Lei said in a video distributed after the vehicle’s launch on Thursday night.
“We may be witnessing a miracle in China’s automotive industry.”
The…
