Xiaomi shares slide after report EV crash left driver trapped inside

Xiaomi’s shares dropped as much as 8.7% Monday

Xiaomi shares fell the most since April after reports that one of its SU7 electric sedan’s doors failed to open after a fiery crash in the southwest Chinese city of Chengdu, trapping at least one person inside.

Xiaomi shares fell the most since April after reports that one of its SU7 electric sedan’s doors failed to open after a fiery crash in the southwest Chinese city of Chengdu, trapping at least one person inside.

Chinese media reports and videos circulating on social media platforms including Weibo showed the vehicle after it crashed and burst into flames early Monday. Several bystanders tried to open the doors but were unable to free the person.