Xiaomi Electric Car Launch Faces Delay

Xiaomi has recently launched the eco-friendly vehicle SU7 in the market. Several other companies are working on the next electric vehicle (EVs) models. Xiaomi was previously focused on the smartphone and the gadget department but now the company has appeared and successfully launched its first electric vehicle called SU7 in China.

Xiaomi Electric Car Launch Faces Delay

The Xiaomi Electric Vehicle SU7 represents a fusion of Xiaomi's expertise in technology and its commitment to eco-friendly transportation solutions. The all-new electric vehicle creates a good example of better performance, efficiency, and sustainability. Xiaomi, the Chinese electronics giant, has announced that it is experiencing overwhelming demand for its new SU7 electric car, prompting the company to caution potential buyers of potential delays of up to seven months, as revealed by its app on Monday. The latest Xiaomi Electric Vehicle SU7 is powered by an advanced battery system that promises a seamless driving experience. The company previously said pre-orders had hit 88,898 within 24 hours of it starting to take orders on Thursday. 

Xiaomi did not immediately respond to a BBC request for comment. In terms of pricing, the Xiaomi electric vehicle, the standard SU7 model is priced at 215,900 yuan and the Max version costs 299,900 yuan. The starting price in China for Tesla's Model 3 is 245,900 yuan. The SU7, which has drawn comparisons with Porsche's Taycan and Panamera models, has a minimum range of 700km (435 miles), beating the Tesla Model 3's 567km. The technology giant's chief executive Lei Jun said in a Weibo post that it would open a second round of sales for the Founder's Edition. Xiaomi's EVs are made by a unit of state-owned car manufacturer BAIC Group at a plant in Beijing that can produce as many as 200,000 vehicles a year.

Xiaomi SU7

Xiaomi SU7 EV: Design and Specifications

New McLaren inspired front design on the exterior side.
Battery powered, with a driving range between 628 to 800 kilometers.
Alloy wheels available in variants of 245/45 R19 and 245/40 R20 tires.
The EV will be revealed in ocean blue color variant.
Overall slim and sleek design.
Anticipated to offer better acceleration than EVs of Tesla and Porsche.
Panoramic glass sunroof.
Parking Aids include Front and rear sensors, 360 camera, reversing camera, Automatic Parking Assistance System.
Li-ion LFP battery (400V type).
Heated and ventilated front seats.

In an indication of the challenges facing technology firms who want to make electric cars, iPhone maker Apple last month reportedly cancelled its plans to build an EV. Last week, BYD posted record annual profits but said growth had slowed towards the end of last year. American EV giant Tesla is due to announce its delivery numbers for the first three months of 2024 this week. Shares in Tesla fell by almost 30% in the first quarter. Xiaomi has said it will invest $10bn (£7.9bn) in its vehicles business over the next 10 years.

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