China’s fifth-largest smartphone maker, Xiaomi, unveiled its first electric car in late December. The company confirms that it will bring its first EV SU7 to market on March 28th, when prices should be known.
The Xiaoni SU7 is the brand’s first foray into the automotive industry. It’s a mid-size electric sedan powered by two electric motors with up to 673 hp and 800 km of range (CLTC). The new brand wants to be in the world’s top 5 within 15 to 20 years.
March 28th
Chinese smartphone maker Xiaomi announced on Tuesday that it will launch the SU7, its first-ever electric car, on March 28th. A launch event has been planned in China, where the car will be built and sold.
The brand also announced that deliveries will begin at launch, as reservations are already open, and potential clients can see the model in 59 stores across 29 cities.
Prices are not yet known, but local media outlet Jiemian managed to get insider info quoting that the top-lever SU7 should cost around $50,000. Rumors say that the SU7 should cost around the same as a Tesla Model 3 while being larger and roomier.
$10 billion
The future will tell if Xiaomi’s effort is worth the $10 billion investment the smartphone maker made since it set the first stone of its EV development in 2021. The Wall Street Journal says that Xiaomi EV, the sub-brand of Xiaomi in charge of electric cars, will likely be a disrupter.
The brand’s first model is an impressive effort. The SU7 sits on a dedicated EV platform, with a 101-kWh Qilin battery from CATL, giving it an 800 km range (CLTC).
The range-topping version features two electric motors with 673 hp and can reach 100 kph in 2.78 seconds. An entry-level variant features a 73.6-kWh battery from BYD and a single electric motor producing 295 hp.
We can be confident that the SU7 won’t be the brand’s only model. Xiaomi wants to become one of the world’s top five automakers within the next 15 to 20 years. We don’t know if Europe will play a role in that ambitious claim…
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