Chinese language smartphone big Xiaomi unveiled its first electrical automobile at a launch occasion in Beijing and introduced plans to turn into one of many world’s high 5 automakers throughout the subsequent twenty years.
The electrical sedan, dubbed the SU7 with the SU quick for Pace Extremely, is a extremely anticipated mannequin that Xiaomi Chief Govt Lei Jun touted as having “tremendous electrical motor” know-how able to delivering acceleration speeds quicker than Tesla vehicles and Porsche’s EVs.
“By working exhausting over the subsequent 15 to twenty years, we’ll turn into one of many world’s high 5 automakers, striving to raise China’s total car business,” he stated on the unveiling.
These plans embrace constructing “a dream automotive similar to Porsche and Tesla,” he added.
The specs look spectacular on paper. Xiaomi says SU7 will are available two variations – one with a driving vary of as much as 668 km (415 miles) on a single cost and one other with a spread of as much as 800 km, or simply shy of 500 miles, on China’s take a look at cycle.
Pricing has but to be introduced. Lei stated the associated fee would “certainly be a bit excessive, however one that can have everybody will assume is justified.”
The autonomous driving capabilities of Xiaomi vehicles could be on the forefront of the business, he additionally stated.
Xiaomi has pledged to take a position $10 billion in autos over a decade. Its vehicles will probably be produced by a unit of state-owned automaker BAIC Group in a Beijing manufacturing facility with an annual capability of 200,000 automobiles.
Dec 29, 2023