Xiaomi Corporation Class B (HKEX:1810) said June EV deliveries topped 30,000, as the company repurchased 4.5M Class B shares for HK$97.4M — even as teardowns flagged new EVs using aluminum wiring instead of copper and Xiaomi did not comment.
Previous Week Recap
- Domestic EV Deliveries Exceed 30k: Xiaomi Class B (1810) said domestic EV deliveries topped 30,000 units in June 2026; total June deliveries also exceeded 30,000 units.
- Class B Buyback: 4.5M Shares: Xiaomi Class B (1810) bought back 4.5M Class B shares on June 30 for HK$97.4M, per HKEX filing — share class, exact quantity and cash spent disclosed.
- Aluminum Wiring in New EVs: Xiaomi Corp Class B (1810) flagged by Caresoft teardowns as using aluminum instead of copper wiring in new EV models; company didn’t respond to requests for comment.
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