China's Xiaomi releases its first self-developed NEV

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China's Xiaomi releases its first self-developed NEV

STORY: China's Xiaomi releases its first self-developed NEV SHOOTING TIME: March 28, 2024 DATELINE: March 29, 2024 LENGTH: 0:00:43 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the new energy vehicle model SU7 STORYLINE: Chinese tech firm Xiaomi on Thursday night released its first self-developed new energy vehicle model SU7. Three versions of the model -- SU7, SU7 Pro and SU7 Max -- will enter the market, with the prices ranging from 215,900 yuan (30,431 U.S. dollars) to 299,900 yuan. Designed with a minimum range of 700 km, the SU7 and SU7 Max will start to be delivered to customers by late April, while the SU7 Pro will be delivered by the end of May. Lei Jun, founder and CEO of Xiaomi, said at the launch event that the tech firm has achieved technological breakthroughs in key fields such as modeling design, batteries, intelligent driving and intelligent cockpits. Xiaomi entered the NEV sector in 2021 and built a factory covering a land area of more than 700,000 square meter

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