Xiaomi Launches EV SU7 Series Starting at $29,900, Aiming High in the EV Market

👉 Key Highlights:
📍 Xiaomi introduces its first electric vehicles, the SU7 series, with prices starting at $29,900.
📍 The lineup includes the base SU7 model and the higher-end SU7 Max, topping out at $29,900.
📍 Mass deliveries expected by the end of April, with early orders receiving perks like a built-in fridge.
📍 Xiaomi's EV venture represents a $10 billion commitment over multiple years, setting sights on competing with Tesla's Model 3 and Porsche's Taycan.
📍 Unlike Apple, which canceled its car project, Xiaomi is forging ahead in the EV space.
📍 The launch event in Beijing saw the presence of CEOs from major Chinese automakers, highlighting industry support.
📍 Xiaomi's move into EVs is part of its diversification strategy away from the stagnant smartphone market.
📍 The EVs were showcased in Xiaomi stores across China, reflecting a direct marketing approach to consumers.
📍 Partnership with Beijing Automotive Group Co. facilitates regulatory approvals, ensuring a smooth launch.
📍 Xiaomi's ambitious goal is to rank among the top global carmakers within 15 to 20 years.