China unveils electric vehicle with up to 500-mile range

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China unveils electric vehicle with up to 500-mile range

Xiaomi, a company in China, announced its first electric car on Thursday. The company thinks this is the first step towards passing Tesla.

There will be a range of up to 500 miles on the SU7. It will go up against the Tesla Model S, which has a range of 320 to 410 miles, to win users.

The car, which was made in China, will also be able to drive itself, have an entertainment system that works with Xiaomi smartphones, and go from 0 to 62 miles per hour in staggering 2.78 seconds.

The price hasn’t been released yet, but CEO and co-founder Lei Jun said at the event that it could be anywhere from $14,900 to $56,000, since the Model S starts at $74,990.

In this way, the company that makes smartphones is following in the footsteps of Apple and Foxconn, which have been trying to get into the transportation game.

The company wants to sell its first cars in 2024, not 2023 like Apple. A lot of people around the world buy smartphones from Xiaomi.

Lei said that he thinks Xiaomi’s electric cars will be able to compete with Porsche’s speed and Tesla’s technology in the Chinese market.

The car is, however, being shown off at a time when China’s auto market, which is the biggest in the world, is struggling with too many cars on the market and slowing demand. Sales are not expected to start for a few months.

A rough price war has started because of these two things, but that didn’t stop Xiaomi CEO Lei Jun from setting big goals.

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