Xiaomi CEO Teases with New SU7 EV Prices

On Monday, Xiaomi’s CEO Lei Jun announced an ambitious target for the company’s first electric car, the SU7, aiming to set it below 500,000 yuan ($69,424). Xiaomi is set to reveal the price and commence pre-orders for the vehicle, known as Speed Ultra 7, this Thursday. Lei’s statement on Weibo introduced the price ceiling for […]