China's latest EV is a 'Connected' Car from Smart Phone and Electronics Maker Xiaomi
The sporty four-door sedan will be priced in the $40,000 range.
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The sporty four-door sedan will be priced in the $40,000 range.
Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country's booming but crowded market for electric cars.
The sporty four-door sedan will be priced in the $40,000 range.
Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla's Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China.
Xiaomi: "In the three years of developing this car, my biggest realization is that making cars is extremely difficult. Even a giant like Apple gave up on it," Lei said to a packed audience at the event, which included high-profile Chinese auto executives, including the leaders of Chinese EV makers Xpeng , Nio and Li Auto.