Xiaomi Launches SU7 Electric Car in China, Taking Aim at EV Giant Tesla
New Delhi: Chinese smartphone maker Xiaomi has entered the electric vehicle market with the launch of the sporty SU7 electric car. This move positions Xiaomi to compete with established players like Tesla, offering a stylish electric vehicle at a competitive price point.
Key Highlights:
- The standard SU7 EV model is priced at CNY 215,900, with Pro and Max versions priced at CNY 245,900 and CNY 299,900 respectively.
- Xiaomi’s CEO Lei Jun highlighted that the SU7 offers features comparable to Porsche models and surpasses Tesla’s capabilities, including a minimum range of 700 km.
- Xiaomi received 50,000 orders for the SU7 within the first 27 minutes of the sales launch.
- Deliveries for the SU7 will begin in late April, with availability in 211 stores across 39 Chinese cities by the end of the year.
Xiaomi’s entry into the electric vehicle market represents a significant step in the company’s expansion beyond smartphones and electronics. With its reputation for affordability and technological innovation, Xiaomi aims to make a mark in the competitive EV landscape in China.
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