Xiaomi Rolls Out Electric Sedan to Rival Tesla, Plans $10B EV Push
• Xiaomi unveils its first electric vehicle, the SU7 sedan, at a launch event outside China
• SU7 shares an operating system with Xiaomi's smartphones and aims to rival Tesla's Model S
• Multiple SU7 models expected with varying ranges and speeds up to 265km/h
• Xiaomi plans major $10 billion investment in EVs over 10 years, aims to be a top 5 automaker
• SU7 production kicking off through partnership with BAIC Group, autonomous driving capabilities touted