Aggressive comparative pricing for SkyNomad series linked to Xiaomi’s 550,000-unit sales target this year, Deutsche Bank says.

The tech company’s first hybrid launch comes as extended-range and plug-in hybrid sales weaken, inventories rise and Xiaomi faces pressure to revive EV momentum

Chinese tech company Xiaomi unveiled its "Kunlun Technology Architecture" on Thursday night, marking a strategic push into the extended-range electric vehicle segment as it seeks…