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Chinese smartphone maker Xiaomi starts delivering the first of more than 100,000 EVs ordered
By Sarah Wu Beijing (Reuters) -Chinese smartphone maker Xiaomi on Wednesday said it has received more than 100,000 orders for its first car – a sporty electric vehicle called the SU7 – as it began deliveries. “Xiaomi’s car officially debuts, the real revolution in smart cars has officially begun, and China will surely give birth […]
Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car
By Sarah Wu and Yelin Mo BEIJING (Reuters) -Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla’s Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China. During the two hour-long event, Xiaomi CEO and founder […]
Xiaomi CEO teases price on upcoming car, showrooms begin displaying vehicle
By Kevin Krolicki and Sarah Wu BEIJING (Reuters) – Xiaomi’s CEO said on Monday that his firm’s first electric vehicle aims to be the “best looking, easiest to drive and smartest car” priced below 500,000 yuan ($69,424), as the Chinese electronics maker gears up for orders this week. The company will on Thursday evening announce […]
China’s Xiaomi to start first EV deliveries this month
By Sarah Wu and Qiaoyi Li BEIJING (Reuters) -Xiaomi will this month start deliveries of its first electric vehicle (EV) in China, it said on Tuesday, venturing into the world’s largest auto market at a time of aggressive price competition. The smartphone maker, China’s fifth-largest, said in a Weibo post that 59 of its stores […]
Xiaomi Surges After Setting Sales Date for Tesla, BYD Challenger
(Bloomberg) — Xiaomi Corp. shares rose as much as 7.5% in Hong Kong Tuesday, after the company announced it will start selling its long-awaited electric vehicles later this month. Most Read from Bloomberg The Beijing-based electronics firm, best known for its smartphones, has made a multibillion-dollar bet on breaking into the red-hot contest in China’s […]
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Xiaomi says its SU7 EV can outperform Porsche and has more tech than Tesla
Xiaomi, a Chinese brand once synonymous with affordable smartphones, is now attempting to make an even bigger splash with its first-ever electric car. Unveiled at a Beijing event earlier today, the Xiaomi SU7 — pronounced “soo-chee” in Chinese — is a sedan based on the company’s very own Modena Architecture with HyperEngine electric motors of […]