China’s Xiaomi is set to make its mark in the competitive electric vehicle (EV) market with the upcoming launch of its first-ever EV, the SU7. The sleek and sporty EV will be unveiled at a press conference in Beijing, poised to challenge established players like BYD and Tesla in the fast-growing Chinese EV sector. Analysts anticipate the SU7 to be priced competitively within the range of 200,000 to 250,000 yuan, making it a formidable contender in the market. This move comes on the heels of BYD’s record profits and expansion plans into global markets, marking an exciting period of innovation and competition in the EV industry.
Xiaomi Unveils Sleek SU7 EV to Challenge Tesla in China
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