Nah. Dumping means unprofitably sold with subsidies making up the difference.

China cancelled subsidies to BYD this year, and last year, those subsidies were 1/3 of BYD profits. Subsidies helped get them off the ground but they were unit-profitable by the time they got to exporting.

Xiaomi never had subsidies at all, their cars were profitable from launch, with 6 month waitlists to buy. Their export plan is to start with Germany first because they're cocky as hell and the cars are really nice.