China sales figures reveal Xiaomi outperformed Ford and GM in its first year despite producing only a single model.https://www.notebookcheck.net/EV-newcomer-Xiaomi-outsold-Ford-and-GM-in-China-in-2024.984752.0.html
The price/quality ratio is off the charts compared to Ford and GM, so it's no surprise.
When it reaches Europe it'll be as expensive as (or more than) traditional brands due to tariffs, so it won't be as popular.