Delivery centers for Xiaomi electric vehicles across China are now overflowing with unsold cars. At the company’s large Beijing Yizhuang center, hundreds of SU7 and YU7 models sit packed tightly together in vast rows. Similar scenes are playing out in Shanghai, Nanjing, Chengdu, and Changsha, where brand-new vehicles waiting for buyers are parked in every available space, some already gathering dust.
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