Published 1 month ago

Tech giant reveals nice price for new EV to take on Tesla

Summary by Ground News

Xiaomi unveiled its first electric car, the SU7, on Thursday. The standard version will sell for 215,900 yuan (about $30,000), though this means each vehicle will be sold at a loss. The price is considerably lower than Tesla's Model 3, which in China starts at 245, 900 yuan ( about $34,000)

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Digital Trends

Tech giant reveals nice price for new EV to take on Tesla

Tesla already has its work cut out in China competing with auto behemoth BYD, but a new player entering the market is set to pile on even more pressure.

1 month ago·United States

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