Xiaomi Unveils Aggressive Pricing for Electric Vehicles

By
Mingzhi Chen
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

Xiaomi Corp. is stepping into the electric vehicle sector, presenting the SU7 series with a starting price of 215,900 yuan and a range up to 299,900 yuan. The co-founder, Lei Jun, announced the strategy at an event in Beijing, emphasizing the company's plan to start mass deliveries by the end of April. To entice early orders, Xiaomi is offering extra perks such as a built-in fridge. This move marks the company's ambitious leap into the challenging EV market, aiming to excel where some competitors have struggled. By employing aggressive pricing and appealing incentives, Xiaomi seeks to carve its place in the highly competitive industry.

You May Also Like

This article is submitted by our user under the News Submission Rules and Guidelines. The cover photo is computer generated art for illustrative purposes only; not indicative of factual content. If you believe this article infringes upon copyright rights, please do not hesitate to report it by sending an email to us. Your vigilance and cooperation are invaluable in helping us maintain a respectful and legally compliant community.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings

We use cookies on our website to enable certain functions, to provide more relevant information to you and to optimize your experience on our website. Further information can be found in our Privacy Policy and our Terms of Service . Mandatory information can be found in the legal notice