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Chinese smartphone giant Xiaomi is seeing continued strong demand for its first electric vehicle (EV)—the SU7, short for Speed Ultra 7—even as potential buyers face delivery wait times of more than five months, reports the South China Morning Post. Buyers of the standard SU7 model, which costs RMB 215,900 ($29,859), are expected to wait at least…
By Tracy Qu Xiaomi's shares surged after the tech company unveiled its maiden electric vehicle, a competitively-priced sedan vying against Tesla and others for market share in China's crowded...
A Xiaomi SU7 test car was seen crashing into the curb on the side of the road. Around 90,000 customers reserved a car in the first 24 hours
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Xiaomi's first electric vehicle, the SU7, will be priced under $70,000, according to Lei Jun, CEO of Xiaomi, in a recent statement. Jun added that the Xiaomi SU7 aims to be "the best looking, easiest to drive and smartest car" available in the market under the 500,000 yuan ($69,424) price tag.