Posted 3/28/2024, 1:27:51 PM
Xiaomi Unveils First Electric Vehicles, $29,900 SUVs Aiming to Rival Tesla in China
- Xiaomi unveiled its first electric vehicles, the SU7 series, with base model pricing starting at $29,900
- The company aims to begin mass deliveries by end of April and has received over 50,000 pre-orders already
- Xiaomi benchmarked the EV against Tesla's Model 3 and Porsche Taycan as benchmarks
- The company partnered with Beijing Automotive Group to avoid regulatory delays
- Xiaomi aims to become a top global carmaker in 15-20 years and have one of top 3 best-selling luxury EVs in China
