Xiaomi Corp. One of its SU7 electric cars participated in an accident on a highway in China. Local media reported that three people died in the incident, which is likely to scrutinize the smart driving program spread in many cars today.
The technology giant shares decreased up to 6.1 % in Hong Kong. The shares have decreased by approximately 18 % since Xiaomi lifted5.5 billion dollarsSelling stocks last week to help finance the expansion of its business EV.
“Investors may have concerns about the competitiveness of Xiaomi and growth expectations after reports of the car accident,” said Shin Ming, Director of the Investment Bank in Beijing. The completion of the sale of shares “has also been weighed on feelings.”
The police arrived at the scene immediately and are now investigating the accident, which occurred on a highway in Anhawi Province on March 29.mailOn the Weibo account. Xiaomi statement did not include any details of deaths or injuries, and the company’s representatives did not immediately respond to additional questions.
According to the first Xiaomi report, the function of the advanced driver’s help was working less than 20 minutes before the accident. Alerts were issued because the driver was apparently not adhering to the driving wheel. After seconds, another warning was sent about obstacles on the road, then the driver regained control of the wheel, the accident occurred.
EV was mired in fire after the effect, with some parts of the car only, such as the solid structure, remaining in the wake of the fire, according tolocalMedia.
The introduction of the advanced driver’s help technology, which still requires drivers to keep their hands on the steering wheel and stay at a state of alert to the surrounding traffic, has led to fears that some people put a lot of belief in technology and lack of interest in the road.
Tesla Inc. Several investigations in the United States whether the partial berries system that was marketed as Full self -driving It is defective after multiple accidents, one of which led to death.
The American auto company also participated in high -level incidents in China, including one in 2021 when the owner of one of its cars was jump In addition to a vehicle displayed at the Shanghai Motor Show, and they shouted that her family members died almost because the car brakes failed.
Xiaomi, whose smartphones were famous for, achieved immediate success in its transfer to EVS, last month, raising its sales goal for 2025 to 350,000 units.
This story was originally shown on Fortune.com
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