All posts tagged: SU7

Xiaomi SU7 Buyers Could Face Waits of 4-7 Months for Deliveries Amid Strong Demand

Published by Webster

China’s Xiaomi is advising potential buyers of its SU7 electric sedan that they could face waits of four to seven months, in a sign of strong demand for its first-ever vehicle. The maker of smartphones and other consumer electronics began taking orders on Thursday and said pre-orders hit 88,898 in the first 24 hours. Deliveries for the standard SU7 model, priced at CNY 215,900 ($29,870 or roughly Rs. 24,89,900), may take 18-21 weeks, according to checks by Reuters on Xiaomi’s car app. Deliveries for the SU7 Pro model could take 18-21 weeks, while the most expensive model, priced at CNY 299,900 (roughly Rs. 34,58,709), could take 27-30 weeks. The SU7, whose design has drawn comparisons with Porsche’s Taycan and Panamera sports car models, has been launched amid a cut-throat price war in the world’s largest auto market where more than 40 brands vie for consumer attention. On Monday, Huawei-backed Aito offered discounts of up to CNY 20,000 (roughly Rs. 2,30,000) on its new M7 SUVs until the end of end-April while Xpeng also offered subsidies …

Xiaomi Launches SU7 Electric Car in China as Smartphone Maker Takes Aim at EV Giant Tesla

Published by Webster

Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla’s Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China. During the two hour-long event, Xiaomi CEO and founder Lei Jun told a packed room whose attendees included the bosses of Chinese EV makers Nio and Xpeng that the standard SU7 EV model will be priced at CNY 215,900 ($29,872.02 or roughly Rs. 24,89,948), while the Pro and Max versions will cost CNY 245,900 (roughly Rs. 28,35,934) and CNY 299,900 (roughly Rs. 34,58,709) respectively. “It’s 30,000 (CNY) cheaper than the Model 3,” he said. Tesla’s Model 3 starts at CNY 245,900 in China. He also said many of the capabilities of the SU7, which has drawn comparisons with Porsche’s Taycan and Panamera models, surpassed that of Tesla’s and Porsche’s. For example, its minimum range of 700 km beat Tesla Model 3’s 567km, Lei said. The launch fulfils the ambition of Xiaomi’s founder, who announced the company’s foray into …

Xiaomi SU7 Price Teased by CEO Lei Jun Ahead of Official Launch

Published by Webster

Xiaomi’s CEO said on Monday his goal for the firm’s first electric vehicle was that it would be the “best looking, easiest to drive and smartest car” priced below CNY 500,000 (roughly Rs. 57,93,508), as the Chinese electronics maker gears up for orders this week. The company will on Thursday evening announce its official price range and start taking orders for the car, dubbed the SU7, with the SU short for Speed Ultra. CEO Lei Jun’s comments, made on his official Weibo account, mark the first time the company has confirmed the upper end of its price range. Anticipation for the car has been building up since Xiaomi unveiled the vehicle in December and announced it aimed to become one of the world’s top five automakers. Lei has touted it as having technology capable of delivering acceleration better than Tesla cars and Porsche’s EVs. Xiaomi stores in China also began displaying the car on Monday, with prospective customers and car bloggers lining up to get a close view of the “ocean blue” version. In addition, …

Xiaomi Unveils SU7 Electric Car, Says It Aims to Be Among Top 5 Automakers

Published by Webster

Chinese smartphone maker Xiaomi took the wraps off its first electric vehicle on Thursday and promptly announced it was aiming to become one of world’s top five automakers. The sedan, dubbed the SU7, is a highly anticipated model that is expected to make the most of its shared operating system with the company’s popular phones. But the car is making its debut at a time when the world’s largest auto market is wrestling with a capacity glut and slowing demand that have stoked a bruising price war. That didn’t stop Xiaomi Chief Executive Lei Jun outlining big ambitions that include building “a dream car comparable to Porsche and Tesla”. “By working hard over the next 15 to 20 years, we will become one of the world’s top 5 automakers, striving to lift China’s overall automobile industry,” Lei said at the event. Like several other tech firms, Xiaomi has been seeking to diversify beyond its core business to EVs – a plan it first flagged in 2021. It has pledged to invest $10 billion (roughly Rs. 83,171 …

Xiaomi SU7 Electric Vehicle Officially Teased, Confirmed to Run on HyperOS

Published by Webster

Xiaomi’s first launch event explicitly focusing on EV technology will take place later today (December 28). Ahead of it, the electronics brand has posted a teaser on social media offering a glimpse at the company’s first-ever passenger car, an all-electric sedan called the Xiaomi SU7. The SU in the moniker stands for Speed Ultra. The four-wheeler is confirmed to come with Xiaomi’s HyperOS operating system. The EV is shown in a sedan-style design with a grey shade with five-spoke alloy wheels paired with Michelin tyres. Lei Jun, Chief Executive Officer Xiaomi posted the first official look of the upcoming Xiaomi SU7 via X (formerly Twitter). The post includes a caption — ‘Hello, Xiaomi SU7 Welcome to Human x Car x Home’ — suggesting the four-wheeler’s integration with smartphone and smart home accessories. It is confirmed to be powered by the HyperOS operating system. The poster indicates a grey finish for the Xiaomi SU7. It is seen with a sedan-style design with five-spoke alloy wheels paired with Michelin tyres with a Mi logo on the wheel …