Xiaomi's SU7 Sedan Storms EV Market, Outshines Tesla Model 3 With 88,898 Orders
👉 Key Highlights:
📍 Xiaomi enters EV market with SU7, garnering 88,898 orders, targeting Tesla Model 3 users.
📍 SU7 priced at 215,900 yuan ($29,901), undercutting Tesla's Model 3 starting at 245,900 yuan ($34,056).
📍 Xiaomi's CEO Lei Jun aims at upgrading Tesla Model 3 users to the new SU7.
📍 Despite competitive pricing, Xiaomi expects losses on each SU7 sold.
📍 Tesla Model 3's recent upgrade failed to significantly boost sales, adding to the competitive pressure.
📍 Intense competition from Chinese EV makers like Nio, XPeng, BYD, and now Xiaomi, challenges Tesla's market position.
📍 Tesla reportedly reduces Shanghai production, hinting at strategic adjustments amid growing competition.
📍 Xiaomi hints at future SUV launch, expanding its EV lineup.
📍 Xiaomi enters EV market with SU7, garnering 88,898 orders, targeting Tesla Model 3 users.
📍 SU7 priced at 215,900 yuan ($29,901), undercutting Tesla's Model 3 starting at 245,900 yuan ($34,056).
📍 Xiaomi's CEO Lei Jun aims at upgrading Tesla Model 3 users to the new SU7.
📍 Despite competitive pricing, Xiaomi expects losses on each SU7 sold.
📍 Tesla Model 3's recent upgrade failed to significantly boost sales, adding to the competitive pressure.
📍 Intense competition from Chinese EV makers like Nio, XPeng, BYD, and now Xiaomi, challenges Tesla's market position.
📍 Tesla reportedly reduces Shanghai production, hinting at strategic adjustments amid growing competition.
📍 Xiaomi hints at future SUV launch, expanding its EV lineup.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
102332870 : first the happy news, next come the hiccups
金沙汇 : This number is really good to see, but it's real
71328320 102332870 : product types are easy production is hard
Red Guppy : Full automation EV when start a new production line is commendable. Just in 3 years can produce a brand new EV is beyond anyone imagination.
SPACELIGHT : What does "storms the market" mean? Sounds like hype to me, but it may mean something else?
BigGuy45 : Any company can sell cars at a lose, can Xiaomi make profit 5 years from now?