Xiaomi SU7 Deliveries Set to Begin in China Amid Brutal Price War
China's Xiaomi said on Tuesday it will start deliveries of its first electric vehicle (EV) model SU7 this month, venturing into the world's largest auto market amid a brutal price war.The smartphone maker, China's fifth-largest, said in a Weibo post it has 59 stores in 29 cities nationwide that will take orders. A launch event is scheduled for March 28 when the new EV's sticker tag is expected to be announced.Xiaomi's shares rallied 7% during morning trade.China's EV sales climbed 18% in…