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First Fatal Crash Involving Xiaomi SU7 Sparks Safety Concerns and Stock Decline

  • A fatal crash involving a Xiaomi SU7 electric vehicle has sparked safety concerns and led to a decline in the company's stock.
  • The accident took place on the Dezhou–Shangrao Expressway in Anhui Province, China, resulting in the deaths of three female university students.
  • The SU7 was operating in autonomous mode, but the driver took manual control shortly before colliding with a concrete barrier.
  • Xiaomi is cooperating with authorities, has clarified the functionality of the vehicle's doors, and has experienced a more than 5% decline in stock price.

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