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Xiaomi electric car buyers face six-month wait

The firm previously said SU7 pre-orders had hit 88,898 within 24 hours of it starting to take orders.

Just days after Chinese smartphone maker Xiaomi launched its first electric vehicle (EV), buyers have been told they may have to wait up to six months for their car to be delivered. Tesla, which is headed by multi-billionaire Elon Musk, has cut the cost of its cars in China by thousands of dollars in recent months as local rivals like the world's top-selling EV maker BYD have slashed prices. Shanghai-based electric car maker Nio also lowered its forecast for first quarter deliveries as consumers tightened spending as China's economic growth weakens.

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