Xiaomi Unveils Budget EV With Tesla-Beating Specs
- Xiaomi releases EV model SU7 priced at less than half of Tesla, Porsche models
- SU7 offers better performance than American, European competitors
- Xiaomi CEO Lei Jun spoke for 3 hours at Beijing event unveiling SU7
- SU7 specs leave Tesla, Porsche EVs behind
- Audience erupted when SU7's low price despite high performance was revealed