Xiaomi's SU7 Sedan Storms EV Market, Outshines Tesla Model 3 With 88,898 Orders
👉 Key Highlights:
📍 Xiaomi enters EV market with SU7, garnering 88,898 orders, targeting Tesla Model 3 users.
📍 SU7 priced at 215,900 yuan ($29,901), undercutting Tesla's Model 3 starting at 245,900 yuan ($34,056).
📍 Xiaomi's CEO Lei Jun aims at upgrading Tesla Model 3 users to the new SU7.
📍 Despite competitive pricing, Xiaomi expects losses on each SU7 sold.
📍 Tesla Model 3's recent upgrade failed to significantly boost sales, adding to the competitive pressure.
📍 Intense competition from Chinese EV makers like Nio, XPeng, BYD, and now Xiaomi, challenges Tesla's market position.
📍 Tesla reportedly reduces Shanghai production, hinting at strategic adjustments amid growing competition.
📍 Xiaomi hints at future SUV launch, expanding its EV lineup.
📍 Xiaomi enters EV market with SU7, garnering 88,898 orders, targeting Tesla Model 3 users.
📍 SU7 priced at 215,900 yuan ($29,901), undercutting Tesla's Model 3 starting at 245,900 yuan ($34,056).
📍 Xiaomi's CEO Lei Jun aims at upgrading Tesla Model 3 users to the new SU7.
📍 Despite competitive pricing, Xiaomi expects losses on each SU7 sold.
📍 Tesla Model 3's recent upgrade failed to significantly boost sales, adding to the competitive pressure.
📍 Intense competition from Chinese EV makers like Nio, XPeng, BYD, and now Xiaomi, challenges Tesla's market position.
📍 Tesla reportedly reduces Shanghai production, hinting at strategic adjustments amid growing competition.
📍 Xiaomi hints at future SUV launch, expanding its EV lineup.
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102332870 : first the happy news, next come the hiccups
金沙汇 : This number is really good to see, but it's real
71328320 102332870: product types are easy production is hard
AnaiAnai : Full automation EV when start a new production line is commendable. Just in 3 years can produce a brand new EV is beyond anyone imagination.
SPACELIGHT : What does "storms the market" mean? Sounds like hype to me, but it may mean something
else?
BigGuy45 : Any company can sell cars at a lose, can Xiaomi make profit 5 years from now?