SU7

ElectricVehicle Giant Xiaomi Releases First EV SU7, Undercutting Tesla – Orders Start Thursday

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Beijing, China – Chinese smartphone giant Xiaomi is making a bold entry into the electric vehicle market, set to unveil its first electric car, the Speed Ultra 7 (SU7), and begin accepting orders this week. The CEO, Lei Jun, revealed that the SU7 will be priced below 500,000 yuan, marking Xiaomi’s venture into the competitive realm dominated by players such as Tesla and BYD. As global sales growth of electric vehicles slows down, Xiaomi plans …

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Electric Vehicles: Xiaomi Enters the Race with Long-Awaited SU7 Series Launch, Shares Soar 9.9%!

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Hong Kong – Xiaomi Corp. saw a significant surge in its stock prices following the announcement of its entry into the electric vehicle market. The Beijing-based electronics giant, well-known for its smartphones, revealed plans to release its SU7 series of electric vehicles for sale in 29 cities starting on March 28. This move marks Xiaomi’s ambitious venture into a highly competitive EV market dominated by industry leaders such as Tesla Inc. and BYD Co. With …

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