Xiaomi targets 20 million users for its new electric vehicle, president says.
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Category: Xiaomi SU7
Earlier today a report claimed that Xiaomi may offer 2,000-3,000 free Beijing license plates as a promotional effort.
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More details about the Xiaomi SU7 interior plus winter testing video.
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Xiaomi SU7 is one step closer to deliveries.
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Xiaomi EV plans to see production of the SU7 reach around 2,000 units in March and complete capacity ramp-up by mid-2024, according to local media.
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The top-trim version of the Xiaomi SU7 has a vehicle price of RMB 361,400 at the time of insurance purchase, and the starting prices for the full lineup will likely be in the range of RMB 250,000 to RMB 370,000, according to local media.
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Xiaomi's EV business could have an intrinsic value of RMB 90 billion yuan if it scales up rapidly, Morgan Stanley said.
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Xiaomi announced it entry into automotive manufacturing in March 2021, with the goal to become one of the top five vehicle manufacturers.
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"There is no SU5 at the moment, and no EREVs in the coming years," Xiaomi EV said.
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Xiaomi EV's ultimate goal is to have Xiaomi vehicles driving around on every street in the world, it said.
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