In an event earlier, Xiaomi officially launched its first electric car powered by HyperOS—the SU7.
The Xiaomi SU7 is a sedan in partnership with state-owned Beijing Automotive available in Aqua Blue, Mineral Gray, and Verdant Green colorways.
CEO Lei Jun said on stage that SU7 means "Speed Ultra". The batteries it'll use are from China's Contemporary Amperex Technology Co. Ltd. and BYD Co. depending if it'll use a single or dual motor configuration.
According to the company, its ambition is to make a car as good as Porsche and Tesla.
Lei Jun previously said that its own EV is designed to rival Porsche's Taycan Turbo in terms of performance and the Telsa Model S in technology features.
Xiaomi claims that the SU7 is a performance beast. One of the motors it'll use comes with 21,000 revolutions a minute which is said to be higher than the mentioned competitors.
Reports said that Xiaomi's factory also uses the gigacasting manufacturing pioneered by Tesla. They developed a 9,100-ton machine that it called hypercasting.
The EV is also expected to make the best of its shared operating system (HyperOS) with the company's popular phones.
During the event, Lei Ju also shared the company's ambition to become one of the top 5 automakers in the world in the next 15 to 20 years.
There is no info regarding the price of the EV yet. But, it should be more affordable than the Taycan (CNY 898,000 or around PHP 7 million before taxes) and Model S (CNY 698,900 (or around PHP 5.5 million before taxes).
The Xiaomi SU7 will be available on sale next year.
Sources: Lei Jun, BNN Bloomberg, Reuters
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