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Xiaomi Aims Big With New Electric Vehicle, Targets 20M Premium Users In China: 'Good Starting Point'
Monday, February 26, 2024 - 4:51am | 657Xiaomi Corp (OTC:XIACF) is banking on its new electric vehicle (EV) to attract a potential 20 million premium users in China. What Happened: The Chinese smartphone giant is set to unveil its new EV, the SU7, at the Mobile World Congress in Barcelona, which begins on Monday, reported CNBC on Sunday...
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Xiaomi To Kickstart SU7 Production Next Month, Targets 10,000 Units By July
Wednesday, January 31, 2024 - 6:59am | 339Chinese electronics company Xiaomi Corp (OTC:XIACF) will reportedly enter the start of production (SOP) phase of its first car called the SU7 mid-to-late February. What Happened: After entering the SOP phase, the company is expected to make around 2000 units of the electric car in March, ramping...
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Latest Tesla China Rival Xiaomi's First EV May Not Be So Cheap As Expected
Tuesday, January 30, 2024 - 2:26am | 609The top model of Xiaomi Corporation (OTC:XIACY) first entry into the EV market, the Xiaomi SU7, is reportedly priced at approximately $50,350, as per Chinese media reports. What Happened: According to CnEVPost, the highest variant of the Xiaomi SU7 will be priced at RMB 361,400 ($50,350) including...
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Chinese Smartphone Giant Xiaomi Enters Electric Vehicle Market, Targets Tesla, Porsche With SU7
Thursday, December 28, 2023 - 5:04am | 626Chinese tech giant Xiaomi Corp. (OTC:XIACF) unveiled its first electric vehicle, the SU7. The company plans to compete against industry frontrunners Tesla Inc. (NASDAQ:TSLA) and Porsche AG (OTC:POAHF) over the next two decades. What Happened: The SU7, also known as Speed Ultra, was launched on...