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Xiaomi To Launch High-End Electric Car To Rival Tesla

Xiaomi Tesla Inc. Porsche
A Volkswagen ID.5 electric car at a car dealer in Reze

Chinese smartphone maker Xiaomi is set to launch a new electric vehicle, the SU7, on March 28 in China. This move marks Xiaomi's entry into the competitive Chinese EV market, posing a challenge to Tesla and other luxury EV brands.

The SU7 is positioned as a high-end electric car designed to rival the likes of Porsche and Tesla. Xiaomi's CEO Lei Jun has emphasized the goal of creating a vehicle that matches the performance of these established luxury brands. The electric car is equipped with a 'super electric motor' that promises impressive acceleration, surpassing both Porsche and Tesla models.

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