China's Xiaomi to enter cut-throat EV market for the first time

Australia News News

China's Xiaomi to enter cut-throat EV market for the first time
Australia Australia Latest News,Australia Australia Headlines

Defining the News

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 55%

Beijing, China – Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world’s largest car market.

Sleek, sporty, and available in blue bay, olive green or elegant grey, the SU7 even includes “sound simulation”, Lei says, “to recreate the thrill of driving a sports car”. Lu Weibing, Xiaomi’s president, told CNBC last month that there were around 20 million people who used the company’s premium smartphones, a figure that helped it price the SU7.

In a note attached to the earnings report, BYD CEO Wang Chuanfu acknowledged the year had not been all smooth sailing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in AU
 

Australia Australia Latest News, Australia Australia Headlines



Render Time: 2025-01-14 08:05:01