Xiaomi recently recalled more than 100,000 electric vehicles from its models to install an OTA update that addresses a glitch in the self-driving system. The decision came after a fatal accident earlier this year on a highway in which the SU7 is believed to be operating in self-driving mode at the time of the crash.

The company was forced to carry out the recall to correct the circumstances that led to the accident, but a new incident involving the faster version of the SU7 Ultra revived controversy and led to a sharp decline in Xiaomi's shares.The car collided at high speed, causing a huge fire despite the battery's protective layer designed to withstand extreme temperatures.