Idk about pre-orders but I’d imagine it’s a combo of many things, from Xiaomi already having the finances, to tax breaks and subsidies from the CCP, and subsidies on the domestic consumer side to encourage adoption to further stabilize the industry, which further encourages investments.

Definitely not within reach physically, but good to see what’s available out there. Thanks for replying!

It did not occur to me that they’d do this with ebikes but now I’m concerned. Would be nice to know what you found for the day when I decide to get one.