Goldman Sachs said in a research note on April 1 that it believed the fully electric sedan “is highly competitive and demonstrates Xiaomi’s capabilities of becoming a potential price leader in the market rather than a price follower.” The SU7, fitted with intelligent features such as an autonomous driving system and digital cockpit, hit the … Read more
Chinese smartphone giant Xiaomi is seeing continued strong demand for its first electric vehicle (EV) – the SU7, short for Speed Ultra 7 – even as potential buyers face delivery wait times of more than five months, the South China Morning Post has learned. Buyers of the standard SU7 model, which costs 215,900 yuan (US$29,859), … Read more
Chinese smartphone giant Xiaomi on Thursday launched its much-awaited first electric vehicle (EV) – the SU7, short for Speed Ultra – at a venue in Beijing close to its car manufacturing facility, pricing the standard model at 215,900 yuan (US$29,867) to take on Tesla’s Model 3 in the world’s largest EV market. The high-end SU7 … Read more
Home Car And Bike Xiaomi’s First Electric Car Su7 To Be Launched On March 28 In Three Variants The SU7 will be available in 245/45 R19 and 245/40 R20 tire options along with 19 and 20-inch alloy wheels. (Image: X/@leijun) Xiaomi Su7: The reports from the auto market suggest that the Chinese tech company Xiaomi … Read more
Tesla is about to face even more competition in the Chinese market as Xiaomi prepares to enter the auto sector. Deliveries of its first-ever electric vehicle (EV) will begin on March 28, Xiaomi revealed on Tuesday. Succeeding where Apple failed, the Beijing-based tech giant famous for its affordable smartphones, smartwatches, and other tech devices, will … Read more
Chinese smartphone maker Xiaomi will start deliveries of its maiden electric vehicle (EV) on March 28 as it joins the fray against established players like BYD and Tesla amid an ongoing discount war in the highly competitive domestic market. The Beijing-based company said on Tuesday orders could be placed immediately, but it did not unveil … Read more
Lei Jun, founder of Chinese smartphone brand Xiaomi, said he was ready to bring the company’s first electric vehicle to the market, having spent over 10 billion yuan (US$1.4 billion) developing a prototype with a team of 3,400 engineers. In an interview with China’s state broadcaster aired on Sunday, the entrepreneur said he was inspired … Read more
