Remember the Xiaomi SU7, the value-focused technology brand’s highly anticipated first foray into the automobile market that debuted last year? Well, it turns out it will be cheaper than the Tesla Model 3 after all, though Xiaomi CEO Lei Jun also admitted that it will be selling its self-developed electric car at a loss.
This is the SU7, Xiaomi’s much-anticipated first electric car
Xiaomi is now officially also in the automotive business, following the launch of its first electric car for the Chinese market. The Beijing-based electronics giant, which has made a name for itself as a value-focused smartphone brand in the Philippines and other markets where price is king, has unveiled the much-anticipated Xiaomi SU7.
Xiaomi’s first electric car revealed by regulatory filings
A couple of new EVs from an unlikely carmaker are headed to the Chinese market soon. The Xiaomi SU7, Xiaomi SU7 Pro, and Xiaomi SU7 Max will be the first electric vehicles from the brand largely known for its budget smartphones and tablets, flagship-level camera phones, and smart home products.
