Xiaomi’s Electric Car Revealed, $4k Cheaper Than Tesla Amid Competition
Amidst fierce competition in China’s electric car market, Xiaomi announced its entry with the SU7 priced at 215,900 yuan ($30,408), undercutting Tesla’s Model 3. CEO Lei Jun admitted this price would mean selling each car at a loss. In Beijing, Xiaomi, the Chinese smartphone giant, announced on Thursday its entry […]