Xiaomi Launches SU7 on March 28, Has More Than 100,000 Preorders

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More than 100,000 reservations have been made for the SU7, the first electric car from Chinese manufacturer Xiaomi. Customer test drives of the car will begin on March 25 and the ceremonial unveiling is scheduled for March 28. The SU7 is expected to retail for $35,200 to $55,500. With a powerful 664 horsepower and a large 100 kWh battery.

It will be a direct competitor of Tesla’s Model S, with the SU7 boasting impressive features like an 800V fast-charging system and acceleration times of less than three seconds. The SU7 will be sold by Xiaomi through both authorised and directly managed retailers. Xiaomi is striving to increase capacity at its vehicle plant and create delivery hubs, retail locations, and service centres in 29 Chinese cities for the inagural launch.

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Our team at Eastern Finance is made up of young and knowledgeable professionals who are here to provide you with business news from an eastern perspective.

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