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Chinese consumer electronics giant Xiaomi unveiled its first electric car model on Thursday, with its boss declaring ambitions of becoming a global automotive powerhouse despite fierce competition at home.
The Xiaomi SU7 : Xiaomi has unveiled its inaugural electric car, the SU7, marking a significant expansion into the automotive sector. The company's Chief Executive, Lei Jun, revealed the vehicle on Thursday, setting forth Xiaomi's vision to rank among the top five global automakers within the next two decades.
Xiaomi's SU7 electric car apparently has a range of up to 497 miles, and it can accelerate faster than the competition.
The new SU7 is powered by Xiaomi’s HyperEngine electric motor and batteries from China’s CATL, with company aiming to take on Tesla and Porsche.
Xiaomi CEO Lei Jun suggests the company's SU7 will compete with the Porsche Taycan and Tesla Model S