The Chinese company is famous for its “smart phones” and home appliances, and in 2024 it will launch its first electric car, the development of which has already cost more than a billion euros. According to the CEO, there are vehicle metrics that already exceed direct competition.
Xiaomi SU7 will reach the Chinese electric vehicle market in 2024, and then expand to other latitudes. This is the first electric car for the Chinese company, which claims to have spent 10 billion yuan (1.27 billion euros) on development. At this point, it is in the factory testing phase.
This information was revealed by the company's CEO, in a post he published on the social network “X”, in which he also explained that the selling price has not yet been determined. What is certain is that Chinese technology is one of the references in smart phones and home appliances on a global scale, thus embarking on a completely different sector.
Immediately, one of the goals is to compete with market-leading brands, such as Tesla and Porsche, the person in charge admitted.
In a presentation about the future car, Xiaomi CEO Lei Jun said it would outperform the Porsche Taycan and Tesla Model S in metrics such as acceleration. The responsible person also announced that design The one working on the Xiaomi SU7 previously worked with BMW and Mercedes-Benz.
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