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Chinese smartphone maker Xiaomi has revealed its first electric vehicle, the SU7, and announced ambitious plans to become one of the world’s top five automakers. | Est Presse
Thursday, February 29, 2024
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HomeSocietéChinese smartphone maker Xiaomi has revealed its first electric vehicle, the SU7,...

Chinese smartphone maker Xiaomi has revealed its first electric vehicle, the SU7, and announced ambitious plans to become one of the world’s top five automakers.

Xiaomi CEO Lei Jun outlined a vision to become a major player in the auto industry over the next 15 to 20 years.

The SU7, touted for its “super electric motor” technology, is expected to compete with Tesla and Porsche. Xiaomi aims to leverage its established brand in consumer electronics and its smart device ecosystem to make a significant impact in the electric vehicle market. The company plans to invest $10 billion in autos over the next decade.

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