Trade watchers in China have famous that smartphone large Xiaomi could strike the iron whereas it’s scorching this yr, with the Chinese language tech firm probably releasing an all-electric SUV following the launch of the SU7 sedan this week. The SU7 sedan has loads of potential, with the car being benchmarked towards one of many nation’s hottest premium all-electric sedans, the Tesla Mannequin 3.
Xiaomi broke the mildew considerably when it launched the SU7. Previous to the SU7, most electrical car makers in China usually entered the market with an SUV or a crossover. Nio, one in all China’s premium homegrown EV makers, began with SUVs. Li Auto, one other China-based electrical automobile maker, options an all-SUV lineup at the moment. Xiaomi’s resolution to begin with an all-electric sedan then sparked some discussions, as famous in a CNEV Put up report.
However as per Blue Whale Finance, Xiaomi can be seeking to safe its place within the all-electric SUV phase. Citing trade insiders, the publication famous that Xiaomi could launch an SUV by the top of 2024.
Xiaomi founder, chairman and CEO Lei Jun, for his half, famous that sedans are nonetheless a notable portion of the market. In a Weibo video, Lei famous that vehicles are for driving, and sedans merely have a greater driving expertise than SUVs. They’re additionally extra appropriate for one individual to drive every day, the manager famous.
General, Lei famous that the sedan market remains to be very giant, so there’s loads of potential for the phase. He additionally highlighted that there are literally not many good pure electrical sedans out there at the moment, no less than outdoors of veterans out there such because the Tesla Mannequin 3 and Tesla Mannequin S. Lei’s feedback on pure electrical sedans has loads of weight contemplating that he was one of many early Tesla Mannequin S homeowners in China.
A since-deleted publish on Xiaomi’s official web site from 2013 additionally indicated that Lei had visited Musk a couple of occasions. “I went to the US twice this yr, as soon as in July and the second time in October. I went to satisfy Elon Musk each occasions. Not like different Silicon Valley tycoons who meet to speak about enterprise subjects, I went to satisfy Elon Musk purely out of curiosity: this man is so superb that it’s virtually ‘counterintuitive,’” the publish famous.
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