Tesla is about to face even more contest in the Taiwanese market place as Xiaomi prepares to enter the auto sphere .
Deliveries of its first - ever electrical vehicle ( EV ) will commence on March 28 , Xiaomi revealed on Tuesday .
Succeedingwhere Apple conk out , the Beijing - based technical school giant celebrated for its affordable smartphones , smartwatches , and other technical school devices , will extend consumer in its home nation the flashy Speed Ultra 7 ( SU7 ) , which it unveiled last twelvemonth .
Xiaomi’s first electric car, the SU7.Xiaomi
Xiaomi exact the SU7 can speed faster than some Tesla and Porsche EVs , theBBC reported , and has a range of up to 497 miles ( 800 kilometers ) . Xiaomi ’s new EV also comes with number one wood - assist features and a digital cockpit and is already on presentation at 59 salesroom in 29 city across China , fit in to theSouth China Morning Post .
It has yet to announce the cost of the SU7 , but some local news reports suggest it will betray for between 250,000 kwai ( US$ 34,800 ) and 370,000 Mongol dynasty ( $ 51,500 ) . Tesla ’s Shanghai - made Model 3 is similarly price at between 245,900 kwai and 285,900 Mongol dynasty .
Tesla has been cutting the monetary value of its railroad car in China to keep stride with price decrease by the likes of BYD , another Chinese car maker that has made important gain in the EV market in recent twelvemonth with its low-cost offering and is starting to see success in abroad market place , too .
Xiaomi’s first electric car, the SU7.Xiaomi
Xiaomi say it plans to enthrone $ 10 billion in its vehicle business over the next 10 years and may expand sale of the SU7 to global market within the next duo of years . It added that its stated goal is to become one of the human race ’s top five automakers in the next 15 to 20 geezerhood .
Xiaomi’s first electric car, the SU7.Xiaomi
Xiaomi’s first electric car, the SU7.Xiaomi
Xiaomi’s first electric car, the SU7.Xiaomi
Xiaomi’s first electric car, the SU7.Xiaomi