
Xiaomi, the Chinese technology company best known for making smartphones and wearables, has revealed a new car. Called the SU7 Ultra, it’s an electric family saloon with the power of a Bugatti Chiron for under £60,000.
As you might have guessed from the smartphone-style naming convention, the Ultra is the flagship of the SU7 family. It looks similar to the Porsche Taycan, and will likely attract the same buyers given it’s also a four-door, five-seater EV. But unlike the Taycan, which starts at £86,500 for the base model and runs all the way up to £186,300 for the top-spec Turbo GT, the SU7 Ultra is about £56,800.