Xiaomi: Chinese smartphone giant taking on Tesla
Xiaomi's entry into the electric car market comes as sales growth has slowed globally, triggering a price war.
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Xiaomi's entry into the electric car market comes as sales growth has slowed globally, triggering a price war.
Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country's booming but crowded market for electric cars.
Hong Kong (CNN) — Xiaomi is scheduled to formally launch its much-anticipated electric car — the new Speed Ultra 7 (SU7) sedan — on Thursday night<a class="excerpt-read-more" href="https://whdh.com/news/chinas-xiaomi-joins-the-crowded-ev-race-with-dream-car-to-take-on-tesla/">Read More</a>
The sporty four-door sedan will be priced in the $40,000 range.
BEIJING: Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world’s largest car market.