THE BILLIONAIRE CO-FOUNDER of Xiaomi Corp. unveiled the company's first electric vehicle on Thursday, declaring ambitions to become a top global carmaker in 15 to 20 years and compete against Tesla Inc. and Porsche AG.
The SU7, which stands for Speed Ultra, rolled onto a stage at the China National Convention Center in Beijing with no drivers visible, ending a presentation by CEO and co-founder Lei Jun in front of thousands of people. Lei spent hours detailing the car's features, which include a range of up to 800 kilometers (500 miles) on a single charge, adjustable spoilers, unique colors and a top speed of 265 kilometers an hour.
This story is from the December 29, 2023 edition of Financial Express Mumbai.
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This story is from the December 29, 2023 edition of Financial Express Mumbai.
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