See the new Chinese EV that wants to take on Tesla and Porsche

  • 2023-12-31 00:50:34

Nora Naughton - Business Insider


See the new Chinese EV that wants to take on Tesla and Porsche

SU7 boasts 800 kilometers (500 miles) of range, Xiaomi said.

The SU7 is set to edge out the competition with peak performance at 664 horsepower.

The SU7's battery is engineered to reach a full charge in 15 minutes.

The Xiaomi SU7 will be produced in a Beijing factory with an annual capacity of 200,000 vehicles.

See the new Chinese EV that wants to take on Tesla and Porsche©Xiaomi

  • A new Tesla rival debuted in Beijing this week.
  • Chinese smartphone maker Xiaomi designed the SU7 to challenge Tesla and Porsche.
  • The EV will boast a top range of 500 miles — about 95 miles more than the Tesla Model S, per Xiaomi.

Chinese smartphone maker Xiaomi unveiled a new Tesla fighter this week, marking yet another competitor for CEO Elon Musk in the critical Chinese EV market.

Xiaomi CEO Lie Jun took direct aim at Musk on Thursday at the electric car's launch, saying the company's goal is "to make a dream car that is as good as Porsche and Tesla," Bloomberg reported.

The SU7 is engineered to compete with the likes of Porsche and Tesla via its "super electric motor," Lei said, which he said can rack up speeds faster than either luxury EV brand.

Pricing is not yet known for the new EV, which is in pre-production and set to hit the Chinese market in a few months.

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